A text NEWSWIRE article about Microsoft reported: "Microsoft mounted a deliberate assault upon entrepreneurial efforts that…could well have prevented the introduction of competition…" This passage suggests that Microsoft was able to erect barriers to entry and behave like:
A) A perfectly contestable market.
B) A perfectly competitive market.
C) A natural monopoly.
D) A monopoly.

Question

Quizplus · Accepted Answer

The passage suggests that Microsoft behaved like a monopoly by deliberately preventing competition and erecting barriers to entry for entrepreneurial efforts. This behavior is not consistent with a perfectly contestable market or a perfectly competitive market, where there are low barriers to entry and competition is encouraged. It also does not indicate that Microsoft was a natural monopoly, which occurs when economies of scale make it more efficient for one firm to serve the entire market.

A Text NEWSWIRE Article About Microsoft Reported: "Microsoft Mounted a Deliberate