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Discussion Board 8 1. Microsoft has been a giant in the software industry. Can we define Microsoft as a monopoly? Please explain. In addition,

I need an EXPERT in Economics to answer the two questions (see attached) using one paragraph each.

Discussion Board 8 1. Microsoft has been a giant in the software industry. Can we define Microsoft as a monopoly? Please explain. In addition, whether the Learner Index works well to define the market power for Microsoft in the software industry? Explain your answer. 2. Please solve the following game: Assume that a total $100 grant will be shared by the three researchers, X, Y, and Z. Each person is rational and selfish. There are six proposals with different shares of (X, Y, Z) for choices as the following. Proposal I: (X, Y, Z) = (50, 40, 10) Proposal II: (X, Y, Z) = (60, 10, 30) Proposal III: (X, Y, Z) = (40, 20, 40) Proposal VI: (X, Y, Z) = (20, 30, 50) Proposal V: (X, Y, Z) = (30, 50, 20) Proposal VI: (X, Y, Z) = (20, 50, 30) The rule of choosing the final proposal is simple. First, Z is the person to determine who (either X or Y) is the proposal raiser. Then the proposal raiser chooses a particular proposal. Finally, the last person has the right to pass it or reject it. If the last person’s payoff is the smallest among the three, then the proposal will be rejected and no one will get anything. The decision making process can be done by only one time. Which proposal will be the final outcome? Explain the decision briefly. Please answer all the two questions by one paragraph for each.
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1.We should define Microsoft as a monopoly since it is the most dominant in the market across the globe.This because from the... View the full answer

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  • 2.The proposal that is most likely to be passed is the first proposal which is proposal 1;(XYZ)=(50,40,10).since greed is the one that works here, Z being the determiner to choose the proposal raiser will choose the proposal raiser who most likely will favor him.But upon picking the proposal raiser as Y, Y due to greed may come up with a proposal which is appealing to X who should pass the proposal.Therefore since Y must favour X and himself he will most likely propose a deal that will see them reaping greater share by proposing proposal 1 since Z will be having no mandate to reverse the whole thing because it was a one chance deal.
    • Apr 29, 2016 at 4:58am

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