Use the firm's websites to research the price of shipping your Economics textbook to a friend in Colorado Springs, CO 80903 using the services of United Parcel Service (UPS), Federal Express (FedEX) and the United States Postal Service (USPS). Use the lowest priced option with no insurance.

The websites may be found at:

UPS website

FedEX website

USPS website

Do or answer the following:

a. List the prices (the dollar amount) charged by the firms.

b. Are they substantially different or largely the same? Why?

c. How other than price does the firms compete against each other.

d. Would you consider this industry a Monopolistic Competition or an Oligopoly? Why?

Answer rating: 100% (QA)

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