The U.S.Postal Service [USPS] has a legal monopoly over first-class mail in the U.S.However,it has been running losses over the recent years.
a)Is this fact consistent with the fact that USPS operates with significant monopoly power?
b)What are the factors that could possibly be leading to USPS' losses?

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The Answer of The U.S.Postal Service [USPS] has a legal monopoly over first-class mail in the U.S.However,it has been running losses over the recent years.
a)Is this fact consistent with the fact that USPS operates with significant monopoly power?
b)What are the factors that could possibly be leading to USPS' losses?

The USPostal Service [USPS] Has a Legal Monopoly Over First-Class Mail