In source 3 it states, “However, several economists have noted that rounded prices should not cost extra money and may even lead to lower prices.” This means that taking away the penny can lead to lower prices. This quote shows that we should get rid of the penny. In source 3 it states, “For example, something currently worth 99 cents may well drop to 95 cents instead of rising to a dollar to avoid the higher price threshold and attract more customers. Market forces should protect prices—and rounding would make it considerably easier to count change.” This quote shows that prices can go down if we get rid of the penny. This shows that prices don’t always have to go up if we get rid of the
In source 3 it states, “However, several economists have noted that rounded prices should not cost extra money and may even lead to lower prices.” This means that taking away the penny can lead to lower prices. This quote shows that we should get rid of the penny. In source 3 it states, “For example, something currently worth 99 cents may well drop to 95 cents instead of rising to a dollar to avoid the higher price threshold and attract more customers. Market forces should protect prices—and rounding would make it considerably easier to count change.” This quote shows that prices can go down if we get rid of the penny. This shows that prices don’t always have to go up if we get rid of the