Les Singer Case Study

Decent Essays
The policy group of Office of Secretary Les Singer has decided that we should let the market determine the prices for the gasoline distribution. The policy that we chose would be equitable to everyone (producers and consumers). In this policy, the price would be not too high and people can afford gasoline with the money they have, making the producers satisfied with the prices. This policy would be the best opinion because not only will people afford gasoline but they will be saving money and the oil companies will be winning too. The gas price would be above equilibrium and consumers would be able to get gas at a decent price.

We are willing to do this in order for both producers and consumers to get benefit from the products. We decided

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