The U. S. Postal Service (USPS) has a constitutionally guaranteed monopoly on first-class mail. In 2015, it charged 49 cents for a stamp, which was not the pro-t-maximizing price long dash the USPS's goal, allegedly, is to break even rather than to turn a pro t. Following the postal services in Australia, Britain, Canada, Switzerland, and Ireland, the USPS allowed Stamps to sell a sheet of twenty 49 cents stamps with a photo of your dog, your mommy, or whatever for 22 dollars. That's 110 cents per stamp or a 224% markup. Stamps. com keeps the extra beyond the 49 cents it pays the USPS.
What is Stamps. com’s Lerner index?
If Stamps. com is a profit-maximizing monopoly, what elasticity of demand does it face for a customized stamp?

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

Explain the relationship between consumers and producers in economic growth and activity

Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.