The United States Postal Service (USPS) is the only organization allowed to deliver first-class mail in the United States. The market structure that best fits the USPS is probably
A) perfect competition.
B) monopolistic competition.
C) monopoly.
D) oligopoly.
C
Economics
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Explain why producers rather than consumers may be the beneficiaries of regulation. Does the evidence support this view?
Economics
Which of the following is correct concerning the long-run Phillips curve?
a. Its position is determined primarily by monetary factors. b. If it shifts right, long-run aggregate supply shifts right. c. It cannot be changed by any government policy. d. Its position depends on the natural rate of unemployment.
Economics