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Is Microsoft a monopoly?

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1) Is Microsoft a monopoly? Is the electric power industry in California an oligopoly? Please explain each well.

2) Since the September 11th attack there has been an increase in the demand for security personnel: police, air marshals, airport security, etc. How do you think the higher demand has affected the equilibrium wage? In which direction do you think the labor supply and demand shifted? please explain your reasoning well.

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Microsoft Corporation is evaluated as a monopoly.

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1) Yes, for all practical purposes, Microsoft Corporation can be considered a monopoly. This is because of its expert knowledge and market control, no other competitor ...

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