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Elena-2011 [213]
4 years ago
11

“price gouging” laws are types of _____ and often result in _____.

Biology
1 answer:
frosja888 [35]4 years ago
6 0
Once a seller spikes the prices of goods, services or commodities to a level much higher than is considered reasonable or fair, it is called Price gouging and is considered unfair, possibly to an unprincipled level. This laws are types of rice ceilings and often result in shortages of a scarce good.
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