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U.S Postal Service As A Monopoly - Research Papers

U.S Postal Service As A Monopoly

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 is in ...

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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 banks that would give them higher interest rates and such (#1, ...

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U.S Postal Service As A Monopoly. (2007, October 30). Retrieved November 23, 2024, from http://www.essayworld.com/essays/U-S-Postal-Service-As-Monopoly/73560

"U.S Postal Service As A Monopoly." Essayworld.com. Essayworld.com, 30 Oct. 2007. Web. 23 Nov. 2024. <http://www.essayworld.com/essays/U-S-Postal-Service-As-Monopoly/73560>

"U.S Postal Service As A Monopoly." Essayworld.com. October 30, 2007. Accessed November 23, 2024. http://www.essayworld.com/essays/U-S-Postal-Service-As-Monopoly/73560.

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PAPER DETAILS

Added: 10/30/2007 01:42:04 PM
Category: Government
Type: Premium Paper
Words: 1238
Pages: 5

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