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Time left 2:43:09 | After considering the situation of market power for my software and how it changed after the introduction of competitors, consider situations

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Time left 2:43:09 | After considering the situation of market power for my software and how it changed after the introduction of competitors, consider situations of natural disasters and how governments respond to shortages resulting from them. Read this article and comment on why anti-gouging laws can increase social welfare (i.e,. make society better off). Select one: O a. Legislators and regulators benefit by making pronouncements against price gougers, knowing the public holds such a low opinion of them (the gougers, not the politicians :) . The public sees swift action against profiteers, and legislators/regulators enhance their standing in the public eye. O b. They make products affordar*le for people who cannot pay the "gouge" price, and they are a solution for traumatic situations where new suppliers cannot enter because of physical restraints from the natural disaster. O c. They reduce the availability of supplies to rich people, which helps to smooth out income inequality. O d. Penalties assessed on price gougers can be redistributed to victims or the area at large that was affected by the natural disaster. In that sense, the government wants more illegal price gouging to occur so it can prosecute and raise more revenue in fines and redistribute to voters

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