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New England businesses were trying to sell lumber for 50 percent above their regular prices right after 2011 hurricane Irene hit. This is an example

New England businesses were trying to sell lumber for 50 percent above their regular prices right after 2011 hurricane Irene hit. This is an example of:

a.

price gouging.
b.

penetration pricing.
c.

predatory prices.
d.

price discrimination.

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