Business, 14.12.2019 05:31, rosarioemily580
The u. s. postal service (usps) has a government monopoly on home mail delivery, but several private companies, such as fedex, ups, and dhl, compete with the usps for other types of delivery service. in each of the following scenarios, rate producer and consumer surplus and overall social welfare compared with the other scenarios:
a. the usps has monopoly on every type of mail or package
b. consumers are allowed to choose between usps, ups, fedex and dhl for home mail delivery
c. there are an infinite number of local and national mail providers.
Answers: 3
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