Price gouging can take place only when ______. a) there is a natural disaster b) buyers are

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Price gouging can take place only when ______.

a) there is a natural disaster

b) buyers are poorly informed about market conditions

c) some buyers are willing to pay the asking price, however high

d) the forces of supply and demand are not operating

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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