Answered: Listen to "Google's Mobile Monopoly"…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter9: Monopoly

Section: Chapter Questions

Problem 29CTQ: Imagine that you ale managing a small firm and thinking about entering the market of a monopolist....

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Listen to “Google’s Mobile Monopoly" from NPR’s Planet Money podcast. (Link here:https://www.npr.org/sections/money/2018/07/23/631652230/google-s-mobile-monopoly ) Write a
short response (2-4 college-level sentences will do) to the following questions.
a. How did Google deter smart phone operating system competitors from entering the market/drive competitors out of the market?
b. Discuss how Google was able to use it’s position as a monopolist in the smart phone operating system market to its advantage in the mobile applications market. (Highlight the
importance of consumer inertia in your answer.)

Listen to "Google's Mobile Monopoly" from NPR's Planet Money podcast. (Link here.) Write a
short response (2-4 college-level sentences will do) to the following questions.
a. How did Google deter smart phone operating system competitors from entering the mar-
ket/drive competitors out of the market?
b. Discuss how Google was able to use it's position as a monopolist in the smart phone op-
erating system market to its advantage in the mobile applications market. (Highlight the
importance of consumer inertia in your answer.)

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