Which of the Following Is an Example of Price Gouging

question 7

Multiple Choice

Which of the following is an example of price gouging?

• A)Selling World Series Tickets for $300.
• B)New York hotels that doubled or tripled their prices in the aftermath of the September 11,2001,attacks.
• C)Having to pay above the seller's original asking price for a home.
• D)Increasing the price of lawn movers in the spring and summer.

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Definitions:

Drum Brakes

A type of braking system using brake shoes pressed outward against a rotating drum to slow or stop a vehicle.

Disc Brakes

A type of brake that slows or stops a vehicle by squeezing brake pads against a disc or rotor attached to the wheel.

Brake Fade

A reduction in the braking power of a vehicle, often due to overheating of the brake components during heavy use.

Water Fade

A decrease in the performance of brake components due to the presence of water.