22. Price gouging can take place only when (LO6) 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 23. Price gouging will (LO6) a) raise consumer surplus b) lower consumer surplus c) have no effect on consumer surplus 24. If food were free in your school cafeteria, you would keep eating until (LO2) a) your total utility was zero b) your marginal utility was zero c) your consumer surplus was zero d) you were sick