Some economists would argue that Microsoft earned monopoly status because markets are "tippy" meaning that the equilibrium tips toward one or only a few products because consumers dislike buying products that may turn out to be incompatible with dominant technologies.

Question

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This statement reflects the view of some economists that market dynamics can lead to a "tipping" effect where one or a few products come to dominate due to network effects or consumer preferences for compatibility. This can create conditions where a single firm may achieve monopoly status, as Microsoft did with its dominant position in personal computer operating systems.

Some Economists Would Argue That Microsoft Earned Monopoly Status Because