3. You belong to a national organization called Hamburger Lovers USA. Its main purpose is to reduce the price of
bamburgers. the organization wants the government to establish a maximum hamburger price, called a ceiling
price, that ranchers can charge for beef. The thinking is that, with the lower cost of beef, hamburger chains will
charge less. Is this reasoning correct? Explain.

Respuesta :

Answer:

Yes this reasoning is correct because the goal of pricing is to make some amount of money out of the deal so when initial prices begin at a lower price its will tumble through the cycle affecting all prices involved in the process.

Explanation: