Business, 23.05.2020 21:58 AM28

The U. S. Postal Service (USPS) has a constitutionally guaranteed monopoly on first-class mail. In 2015, it charged 49 cents for a stamp, which was not the pro-t-maximizing price long dash the USPS's goal, allegedly, is to break even rather than to turn a pro t. Following the postal services in Australia, Britain, Canada, Switzerland, and Ireland, the USPS allowed Stamps to sell a sheet of twenty 49 cents stamps with a photo of your dog, your mommy, or whatever for 22 dollars. That's 110 cents per stamp or a 224% markup. Stamps. com keeps the extra beyond the 49 cents it pays the USPS.
What is Stamps. com’s Lerner index?
If Stamps. com is a profit-maximizing monopoly, what elasticity of demand does it face for a customized stamp?

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 14:20

It is week 1 and there are currently 20 as in stock. we need 300 as at the start of week 5. if there are scheduled receipts planned for week 3 and week 4 of 120 as each and a has a lead time of 1 week, when and how large of an order should be placed to meet the requirement of 300 as?

Answers: 3

Answer

Business, 21.06.2019 21:00

Consider a small island country whose only industry is weaving. the following table shows information about the small economy in two different years. complete the table by calculating physical capital per worker as well as labor productivity. hint: recall that productivity is defined as the amount of goods and services a worker can produce per hour. in this problem, measure productivity as the quantity of goods per hour of labor. year physical capital labor force physical capital per worker labor hours output labor productivity (looms) (workers) (looms) (hours) (garments) (garments per hour of labor) 2024 160 40 1,800 14,400 2025 180 60 3,900 23,400

Answers: 2

Answer

Business, 22.06.2019 09:50

Acar manufacturer uses new machines that automatically assemble an engine from parts fed to the system. the machine can regulate the speed ofassembly depending on the number of parts produced. which type of technology does this machine use? angenoem mense wat ons in matin en esta va ser elthe machine uses

Answers: 3

Answer

Business, 22.06.2019 11:20

Which stage of group development involves members introducing themselves to each other?

Answers: 3

Answer

You know the right answer?

The U. S. Postal Service (USPS) has a constitutionally guaranteed monopoly on first-class mail. In 2...

Questions