The Postal Service Monopoly :: Economy

The postal process Monopoly In the coupled States economy most markets can be separate into four different markets organizes. But, each and every market in the United States is completely unique from the others. Generallythe best type of market structure for the general human beings is per-fect competition because it creates the lowest possible pricefor the public. thither are some exceptions were perfectcompetition isnt the best resource for the public on account ofvarious reasons. The United States postal armed service is one of themand since the postal Service is a monopoly, it is its own market.This paper result discuss the budget dilemmas that the postalservice has faced for the past cardinal years and if it is in thebest interest of the economy for the United States Postal Service to underwrite as a monopoly. The first measure in that location was talk of privatizing the Postal Service was in 1979 when the Postal Service was losing gigantic amountsof money in the long run. But since the Postal Service is anecessity for America, the government had to subsidize the servicein order for it to continue in operation. In 1979 the UnitedStates Postal Service had a capital flow of $22.5 Billion and wasadditionally receiving $176 million from investing(1, Intro).Even with this added revenue the Postal Service was still greatlyunder funded on its own (1, Intro). During this time it wasdiscussed to privatize the postal service and introduce competitionbecause of the extreme losings that the service was experiencing. Apositive argument for privatizing the Postal Service was with many competitors in the market there would be to a greater extentefficiency and the public would receive lower prices. But thiswould also increase the usage of resources, for model airplanes and cars. One of the problems the Post Office had was its receipts from consumer purchases that were submitted the next day subsequently 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