Price Gouging Laws Will Usually Result in ________ the Product

question 63

Multiple Choice

Price gouging laws will usually result in ________ the product in the distressed market.

• A) more supply of
• B) more local business start-ups to supply
• C) government setting up an agency to regulate supply of
• D) more Craigslist postings for
• E) more demand than supply of

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Definitions:

Labile

Describes emotions that are easily altered or that fluctuate frequently and intensely, often seen in certain mood disorders.

Euphoric

A state of intense happiness and excitement.

Lithium

A mood-stabilizing drug commonly used to treat bipolar disorder and prevent episodes of mania and depression.

Maintain Normal

Refers to keeping or continuing usual or expected conditions, often concerning health, environment, or operations.