The U.S. Postal Services maintains a monopoly on mail delivery in part through its exclusive right to
Question:
The U.S. Postal Services maintains a monopoly on mail delivery in part through its exclusive right to access customer mail-boxes. Which barrier to entry best describes this situation: scarce resources, economies of scale, government intervention, or aggressive tactics?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
The entry barrier that best desc...View the full answer
Answered By
Morgan Njeri
Very Versatile especially in expressing Ideas in writings.
Passionate on my technical knowledge delivery.
Able to multitask and able to perform under pressure by handling multiple challenges that require time sensitive solution.
Writting articles and video editing.
Revise written materials to meet personal standards and satisfy clients demand.
Help Online Students with their course work.
4.90+
12+ Reviews
38+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
When you think of the U.S. Postal Services culture, what kinds of words come to mind? Where do these impressions come from? Do you think your impressions are accurate? What has the potential to make...
-
The U.S. Postal Services (USPS) has a constitutionally guaranteed monopoly on first-class mail ki 2010, it charged 44C for a stamp, which was not the profit-maximizing price-the USPS goal, allegedly,...
-
Can the U.S. Postal Service be considered a monopoly in first-class mail? Why or why not? What has happened to the price elasticity of demand for first-class mail in recent years?
-
Compute the stone's average velocity over the time interval [0.5, 2.5] and indicate the corresponding secant line on a sketch of the graph of h(t). A stone is tossed vertically into the air from...
-
At September 30, 2018, the accounts of Green Terrace Medical Center (GTMC) include the following: Accounts Receivable ................................. $ 145,000 Allowance for Bad Debts (credit...
-
Which of the following statements is not correct about materiality? a. The concept of materiality recognizes that some matters are important for fair presentation of financial statements in...
-
Bull \& Bear, Inc., retired \(\$ 100,000\) of its bonds payable, paying cash of \(\$ 103,000\). On the retirement date, the bonds payable had a premium of \(\$ 2,000\). The bond retirement created a...
-
Use VOTE 1.RAW for this exercise. (i) Estimate a model with voteA as the dependent variable and prtystrA, democA, log(expendA), and log(expendB) as independent variables. Obtain the OLS residuals, u,...
-
Assume risk free rate is 6% and market premium risk is 6%. stock of XYZ has beta of 1.5. last dividend paid by XYZ was 4@/share. What is XYZ stock value be if dividend were expected to grow at a...
-
During a manufacturing process 15 units are randomly selected each day from the production line to check the percent defective. From historical information it is known that the probability of a...
-
Which (if any) of the following scenarios is the result of a natural monopoly? a. Patent holders of genetically modified seeds are permitted to sue farmers who save seeds from one planting season to...
-
Let the current spot rate be $1.25/, and assume that one month from now the spot rate will be either $1.30/ or $1.20/. Let the dollar interest rate be 0.4% per month, and let the euro interest rate...
-
Prudent plans to invest $6,000 in one of the following instruments: Bonds of J ltd., yielding 12% (a 1 ) Canada Savings Bonds, yielding 9% (a 2 ) On the basis of his knowledge of current economic...
-
solve -x+2y=-4; x-2y-4=0
-
20. Two moving particles 'P' and 'Q' are 10 m apart at an certain instant. The velocity of P is 8 m/s making an angle 30 with line joining P and Q and velocity of Q is 6 m/s making an angle 30 with...
-
Suppose that in a competitive wheat market, the forces of supply and demand determine a price of $4 for a bushel of wheat. There are 50 farmers in this market, and each farmer produces 100 bushels of...
-
Flint Company issues 43,000 shares of restricted stock to its CFO, on January 1, 2025. The stock has a fair value of $903,000 on this date. The service period related to this restricted stock is 4...
-
Ecnomics is built around the idea of an infinite supply of r3esources and infinite capability to grow model. But Earth is finite, as we notice when materials start to run out, becoming far more...
-
Causation is determined on a balance of probabilities in an all-or-nothing manner. What does that statement mean?
-
Pearl Medavoy will invest $10,240 a year for 20 years in a fund that will earn 10% annual interest. . If the first payment into the fund occurs today, what amount will be in the fund in 20 years? If...
-
Currently, at a price of $1 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply. In the short run, a price increase from $1 to $2 is...
-
What is predatory pricing? Why is it illegal in many jurisdictions?
-
A pollution tax encourages firms to develop more efficient abatement technology. State True/False and discuss or justify your choice
-
Gold Star Rice, Limited, of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-White, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming...
-
How much discount interest will there be if 8 2 , 5 0 0 is due at the end of 4 . 5 years with 1 0 . 9 % interest rate
-
Briefly explain the role of organizational culture in organization design. Classify IKEA'S organization's culture and Explain how you arrived at the classification. If the current culture at IKEA...
Study smarter with the SolutionInn App