This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Price gouging, or significant price spikes, are typical caused by A) a significant increase in ... (Read 32 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meryzewe

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Beheh

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Jun 29, 2018
Correct answers!


meryzewe

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

A typical termite colony A typical termite colony
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
A cross section of a typical wax-actuated thermostat showing the position of the wax pellet and ... A cross section of a typical wax-actuated thermostat showing the position of the wax pellet and ...
A typical hand-operated vacuum pump. A typical hand-operated vacuum pump.
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Crown gall disease caused by Agrobacterium via plant transformation Crown gall disease caused by Agrobacterium via plant transformation
Video: Central Nervous System Animation

For a complete list of videos, visit our video library