1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tamiku [17]
3 years ago
10

When businesses raise the price of a needed product or service after a natural disaster, this is known as .

Business
2 answers:
Anon25 [30]3 years ago
6 0

When businesses raise the price of a needed product or service after a natural disaster, this is known as price gouging. Price gouging is something that businesses do after a natural disaster when they know consumers are going to need a specific product or service so they raise the price because they know people are going to buy it anyways. An example of this is when they raise gas prices after a natural disaster, knowing people still need gas.

Annette [7]3 years ago
3 0

Answer:

price gouging

and it sucks

You might be interested in
Samuel K. Jenkins is thirty-five years old and lives in New Mexico. He would like to run for President. What else do we need to
lyudmila [28]
Since he is 35 and lives in the United States we would need to know if he has been a resident within the United States for at least 14 years, and if he was a natural born citizen of the U.S.A.<span />
6 0
3 years ago
Read 2 more answers
Cxcccccccccxccccccccccvb
Assoli18 [71]

Answer:

Oki, hi

Explanation:

7 0
2 years ago
With brick-and-mortar toy stores closing, board game manufacturers expect to have trouble finding as many consumers interested i
Oxana [17]

Answer:

This is how the market for board games would be affected in the explanation below

Explanation:

Because the manufacturers of the board game expect that the demand for their games would experience a decline, they would have to adjust their Production according to the decline. This is going to shift supply curve to the left, because of the decline in the production. Then equilibrium price would then increase as the quantity decreases because of the shift of the supply curve to the left.

3 0
3 years ago
The price elasticity of supply is affected by
valentina_108 [34]

Answer:

B. the passage of time. 

Explanation:

Price elasticity of supply measures how sensitive quantity supplied are to changes in price.

Price elasticity of supply is determined by the passage of time.

Typically, in the short run, the elasticity of supply is usually inelastic. Prices do not usually impact quantity supplied because in the short run, some of the factors of production are fixed. But in the long run, the price elasticity of supply are more elastic.

The other factors listed above in the options affect the price elasticity of demand.

4 0
3 years ago
Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fi
adell [148]

Answer:

Please consider the following explanation

Explanation:

a.   EOQ = 560 units

b.  58800 units/560 units = 105 orders

c. EOQ/2 = 560/2 = 280 units (average inventory)

d.  105 orders × $4 ordering cost = $ 420

280 units × $1.50 carrying cost per unit =  420

Total costs = $840

8 0
3 years ago
Other questions:
  • How does specialization benefit both producers and consumors in a free market economy?
    14·1 answer
  • What is the law of comparative advantage?
    8·1 answer
  • This problem has been solved!
    12·1 answer
  • Collection of a $3500 Accounts Receivable decreases a liability $3500; increases stockholders' equity $3500. decreases an asset
    10·1 answer
  • Using percentages or ratios based upon unforeseen differentials in prices, Forward Pricing Rates Agreements (FPRAs) protect the
    9·1 answer
  • A personal check with guaranteed payment is a
    13·1 answer
  • For product costs associated with a particular product to be reported on the income statement: Group of answer choices The produ
    8·1 answer
  • Al’s Automotive started the year with total assets of $250,000 and total liabilities of $180,000. During the year, the business
    6·1 answer
  • A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a(n) .
    11·1 answer
  • Identify the correct definition of an asset. Multiple choice question. An asset is an amount owed to a creditor. An asset is a r
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!