The Royal Mail loses £1.1 million a day.

Sites to Visit for More Information:

1. Royal Mail
2. Postwatch

Questions:

1. What is a public good?
2. Describe the mail market.
3. Do you think the Royal Mail can operate without earning a loss? Why or why not?
4. What is the benefit of giving employees a share of the Royal Mail?
5. What effect would price controls have on the Royal Mail?

Chapters: 9, 16

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