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3 Extract B (lines 12-14) states that 'The Universal Postal Service obligations require Royal Mail to deliver letters and parcels to all parts of the
3 Extract B (lines 12-14) states that 'The Universal Postal Service obligations require Royal Mail to deliver letters and parcels to all parts of the country six days a week'. With the help of a monopoly diagram, explain how the Universal Postal Service obligations are likely to affect Royal Mail's costs and profits. [9 marks]
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