After the Tornado in Lethbridge,Alberta,businesses Were Trying to Sell Lumber

question 21

Multiple Choice

After the tornado in Lethbridge,Alberta,businesses were trying to sell lumber for 50 percent above their regular prices.What is this an example of?

• A)predatory prices
• B)price discrimination
• C)price gouging
• D)penetration pricing

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Definitions:

DSM-4

The fourth edition of the Diagnostic and Statistical Manual of Mental Disorders, a classification and diagnostic tool used by mental health professionals.

Experiential

Learning or therapeutic techniques focused on engaging individuals through direct experience and reflection to achieve personal growth or skill development.

Malleable

Capable of being shaped or formed; easily influenced or adaptable.

Collaborative

Pertaining to or achieved through working together with others towards a common goal or project.