Multiple Choice
The Private Express Statutes, passed in 1792 and (in amended form) still in effect today, contain federal civil and criminal laws relating to the delivery of mail. The Statutes grant monopoly powers to the U.S. Postal Service. Given the technology available today, the average effect of this monopoly on the price and quality of mail service in the populated parts of the United States is that the ______ because of the monopoly privilege of the USPS.
A) price and quality of service are higher
B) price and quality of service are lower
C) price is higher and the quality of service is lower
D) price is lower and the quality of service is higher
Correct Answer:

Verified
Correct Answer:
Verified
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