Price-Gouging Occurs When Entities Take Advantage of Laws, Monopolies, and Real

question 37

True/False

Price-gouging occurs when entities take advantage of laws, monopolies, and real or contrived shortages to demand excessive payments.

---

Definitions:

Transduction

The conversion of one form of energy into another form, in psychology, the process by which sensory signals are transformed into neural impulses.

Sound Waves

Vibrations that travel through air or another medium and can be heard when they reach a person's or animal's ear.

Night Blindness

A condition that makes it difficult or impossible to see in low light or darkness, due to impaired rod cell function in the retina.

Nerve Impulses

Electrical signals that travel along neurons, conveying information throughout the body.