Isn't it quiet amazing how iefficient the monopoly is, since a competitor can send simple mails attached with a 50gram weight and still deliver the service at lower cost? (despite the fact they need to spend more on marketing).
No monopolies aren't efficient, if don't believe me go to any country that has monopoly on some services and compare the quality of service.
No monopolies aren't efficient, if don't believe me go to any country that has monopoly on some services and compare the quality of service.
Where did it say anything about lower cost? It said the companies still turn a profit, but it said nothing about lower cost to the consumer.
Additionally, do you have any idea how cheap a little stamped piece of steel is? Of course they're able to still turn a profit by capturing an entire market they would otherwise not have access to for only an additional $0.00001 per letter.
I think the point is not the price of the metal. The point is the price to ship something would added weight. The energy cost is obviously higher, which the primary cost in shipping.