The Strategy Used by the Cattle Ranchers in Response to Price

The strategy used by the cattle ranchers in response to price ceilings imposed on beef by the Nixon administration was ineffective in the long run because of

A) shifting consumer demands in favor of horsemeat.
B) an unprecedented grain surplus.
C) the limited time in which to market a perishable product.
D) a surprising lack of consumer responsiveness to lower prices.
E) the increasing foreign demand for U.S. beef.