The U.S.Postal Service's monopoly on first-class mail service is the result of
A) a natural monopoly.
B) a patent.
C) a public franchise.
D) a government license.
E) an ownership barrier to entry.

Question

Quizplus · Accepted Answer

The U.S. Postal Service's monopoly on first-class mail service is a result of a public franchise granted by the government. This means that the government has given the Postal Service the exclusive right to provide specific services within a defined territory. While other companies can still deliver mail and packages, they cannot offer first-class mail services.

The USPostal Service's Monopoly on First-Class Mail Service Is the Result