Business, 21.08.2021 02:10 NetherisIsTheQueen

Canada Post has a government monopoly in home mail delivery, but several private companies, such as FedEx, UPS, and DHL, compete with the Canada Post for other types of delivery service. In each of the following scenarios, rate producer and consumer surplus and overall social welfare compared with the other scenarios: Instructions: Assign the value 3 to the scenario with the highest surplus and the value 1 to the scenario with the lowest surplus. a. The Canada Post has a monopoly in every type of mail or package. Producer surplus (Click to select) Consumer surplus (Click to select) Overall social welfare (Click to select) b. Consumers are allowed to choose between Canada Post , UPS, FedEx, and DHL for home mail delivery. Producer surplus (Click to select) Consumer surplus (Click to select) Overall social welfare (Click to select) c. There are an infinite number of local and national mail providers. Producer surplus (Click to select) Consumer surplus (Click to select) Overall social welfare (Click to select)

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