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Author Question: Price gouging, or significant price spikes, are typical caused by A) a significant increase in ... (Read 65 times)

Beheh

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on: Jun 29, 2018
Price gouging, or significant price spikes, are typical caused by
 
  A) a significant increase in consumer demand.
  B) a significant increase in supplier greed.
  C) government attempts to impose price caps.
  D) no systematic relationship between supply and demand.

Question 2

A black market can emerge for a good if ________.
 
  A) the good is taxed heavily
  B) there is an excess supply of a good
  C) the consumption of the good is subsidized
  D) the production of the good is subsidized


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meryzewe

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Beheh

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Reply #2 on: Jun 29, 2018
Correct answers!


meryzewe

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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