Multiple Choice
Recall the application about Microsoft having a virtual monopoly in the market for personal-computer operating systems and business software.Which of the following best represents the way Microsoft keeps other firms from entering the market?
A) Microsoft buys out small firms that have the potential to make a similar product.
B) Microsoft uses limit pricing to deter entry.
C) Microsoft has a patent that prohibits any firm from producing a similar product.
D) Microsoft is a pure monopoly where it is impossible for other firms to enter the market.
Correct Answer:

Verified
Correct Answer:
Verified
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