1. a. Microsoft has integrated many components into its Windows operating systems, such as a web browser, media player, etc. How might this be an example of non-price competition? (5)
2. b. Convenience stores with gas stations tend to sell an essentially identical variety of products and services. Yet this is generally considered to be a monopolistically competitive industry selling differentiated products. How can this be considered a differentiated product? (5)
3. c. When one automaker begins offering low cost financing or rebates, others tend to do the same. What might be the reason of such behavior? (5)
4. d. Can government be a potent force in the establishment and maintenance of monopolistic conditions? Name and describe such occurrences. (5)