In which of the following markets are we most likely to find a monopoly?
A)Automobile production.
B)Air travel.
C)First-class mail delivery.
D)Clothing production.

Question

Quizplus · Accepted Answer

First-class mail delivery is a government-regulated market that has traditionally been controlled by one company – the United States Postal Service. While some competition exists from courier services and online communication methods, the USPS has maintained a monopoly on first-class mail delivery.

In Which of the Following Markets Are We Most Likely