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Monopoly Of The Postal Service - Paper

Monopoly Of The Postal Service

In the United States economy most markets can be classified
into four different markets structures. But, each and every market in
the United States is completely unique from the others. Generally
the best type of market structure for the general public is per-
fect competition because it creates the lowest possible price
for the public. There are some exceptions were perfect
competition isn’t the best choice for the public on account of
various reasons. The United States Postal Service is one of them
and since the Postal Service is a monopoly, it is its own market.
This paper will discuss the budget dilemmas that the postal
service has faced for the past twenty years and if it ...

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receiving $176 million from investing(#1, Intro).
Even with this added revenue the Postal Service was still greatly
under funded on its own (#1, Intro). During this time it was
discussed to privatize the postal service and introduce competition
because of the extreme losses that the service was experiencing. A
positive argument for privatizing the Postal Service was with
numerous competitors in the market there would be more
efficiency and the public would receive lower prices. But this
would also increase the usage of resources, for example airplanes and
cars. One of the problems the Post Office had was its receipts from
consumer purchases that were submitted the next day after the
transaction (#1, i). If the receipts were submitted earlier the postal
service would receive more money because they could invest that money
sooner (#1, i). Another way the Postal Service could increased
profits was by competitively selecting ...

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Monopoly Of The Postal Service. (2008, January 23). Retrieved November 22, 2024, from http://www.essayworld.com/essays/Monopoly-Of-The-Postal-Service/77913

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PAPER DETAILS

Added: 1/23/2008 08:17:56 AM
Category: Economics
Type: Premium Paper
Words: 1239
Pages: 5

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