Monopolies and Oligopolies Essay Example | Topics and Well Written Essays - 500 words

Monopolies and Oligopolies - Essay Example However, this competitor does not fit the definition of close substitute and has difficulty entering the market. Apple has recently introduced the Windows Operating System on its machines and has reinforced Windows as a monopoly. Consumers are tied to Windows for practical reasons as well as the piece of mind that familiarity brings and they can find no close substitute. When consumers can find no close substitute and are locked into a data processing system, it allows Microsoft to charge whatever the market will bear. In the Microsoft model, they have priced their software at the level that will produce the greatest returns without effecting demand. This has allowed them to optimize their pricing based not on demand, but as price setters. This is another indication that they are a monopoly. People will no sooner switch from Windows than they would buy a rhinestone engagement ring as a substitute for a DeBeers diamond, no matter what the cost. The fact that they have a barrier to entry, can set the price on their own terms, and have a consumer base that will not accept a substitute makes Microsoft one of the largest monopolies in the history of the world Similar

Mario Escobar, Matias Ramos, and Stephanie Solis Assignment

Mario Escobar, Matias Ramos, and Stephanie Solis - Assignment Example The paper tells that Matias Ramos, who was not eligible, for in-state tuition and his parents. They were not able to rise for his fees struggled hard until he was able to complete his four-year course in college. Stephanie Solis too had financial difficulties when she enrolled to UCLA. She decided to become a housecleaner; she made cardboard boxes and tutoring which helped her save money that enabled her to get through UCLA. The Langston Hughes poem, â€Å"A Dream Deferred† reflects a dream, which achievement is by hard work. The poem relates to the stories of Matias Ramos, Mario Escobar, and Stephanie Solis since their dreams were achieved through a tough struggle and hardships. In the poem, the dream is a load that is so heavy to bear and can not let one go a milestone to achieving the desired goals in life. The dream in the poem is full of pain, sorrow, and hardships that are not worthy to bear and can only be achieved by one who can only live the hard way out. As in the ca se of Mario Escobar who after surviving the El Salvador's brutal civil war where he lost his parents, he never gave up but struggled the hardest way out to achieve his dreams. The same applies to Stephanie Solis and Matias Ramos whose dreams were like a heavy load that had no signs of exploding, but through struggle, they are at the top of their dreams.