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1.It is often difficult to determine when a rise in prices constitutes unethical price gouging because.... the government refuses to set reasonable price floors for

1.It is often difficult to determine when a rise in prices constitutes unethical price gouging because....

the government refuses to set reasonable price floors for vital goods during an emergency

consumers are often uninformed about the fair market value of the things which they buy

customers really freely choose to buy, even at the inflated price

it is difficult to determine when a company is extracting an unreasonable profit and when it is simply raising its price in response to higher demand.

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