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 80 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?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

A partially submerged alligator displaying a typical ambush position A partially submerged alligator displaying a typical ambush position
A typical hacksaw that is used to cut metal. If cutting sheet metal or thin objects, then use a ... A typical hacksaw that is used to cut metal. If cutting sheet metal or thin objects, then use a ...
A typical engine design that uses both pressure and splash lubrication. Oil travels under pressure ... A typical engine design that uses both pressure and splash lubrication. Oil travels under pressure ...
A typical TP sensor mounted on the throttle plate of this port-injected engine. A typical TP sensor mounted on the throttle plate of this port-injected engine.
A typical purified water system A typical purified water system
Clinically Significant Drug-Drug Interactions in Dentistry Clinically Significant Drug-Drug Interactions in Dentistry
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library