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
Lapatulllka [165]
3 years ago
10

When gasoline prices rise​ rapidly, angry customers often accuse the major oil companies of​ ________, or enriching themselves a

t the expense of consumers.?
Business
1 answer:
Thepotemich [5.8K]3 years ago
6 0
Price gouging is the term that means when a company is raising prices on a product or service at the expense of their consumers in order to make more money. When gasoline prices rise, angry customers often accuse oil companies of this.<span />
You might be interested in
1. Of the 540 seniors at Lake City High School, 35% are going on a school trip. If the buses ordered for the trip seat 42 studen
bearhunter [10]

Answer: 1. 5 buses 2. 15%

Explanation:

7 0
3 years ago
Your client has called for help with that bank fees in QuickBooks Online you began by asking them to open the bank and tab in th
viktelen [127]
This doesn’t make sense :(
3 0
3 years ago
An economic model is useful only if it: ______________
finlep [7]

Answer:

b. contains no positive statements.

5 0
3 years ago
Recently, the only type of car available for Anthony to rent on a business trip was a compact, fuel-efficient Japanese import. A
jok3333 [9.3K]

Answer:

The correct answer is (a)

Explanation:

After experiencing the comfort of a Japanese car, Anthony has decided cost-saving, by buying a Japanese car other than an SUV. Experience is an important factor which can significantly change a customer's mind over buying a product.  It can narrow a customer's decision and make it easier to decide, that is why most car companies offer a test drive.

3 0
4 years ago
Assume that the demand curve for a certain good is a vertical line. This vertical demand curve illustrates the idea that:
ladessa [460]

Answer:

e.people will not change the quantity of the good when the price of the good is changed.

Explanation:

When the demand curve for a good is vertical, it indicates that the demand for the good is perfectly inelastic ; a change in price has no effect on the quantity demanded.

Goods with perfect inelasticity usually have no or little close subsituites.

I hope my answer helps you

6 0
3 years ago
Other questions:
  • If a worker earns $50 per hour in salary but the project is charged $75 per hour for each hour the individual works, then the ov
    11·3 answers
  • What is budget variance?
    8·1 answer
  • Which of the following would not affect the size of real GDP
    6·1 answer
  • Bobaflex Corporation has ending inventory of $707,373 and cost of goods sold for the year just ended was $8,513,213. What is the
    10·1 answer
  • Assume that the interest rate on borrowing in Japan is 1 percent, while the interest rate on deposits in Australian banks is 5 p
    9·1 answer
  • In a single sentence, contrast microeconomics and macroeconomics. Next, categorize each of the following issues as a microeconom
    12·1 answer
  • A customer has opened a margin account and has signed both the hypothecation agreement and the loan consent agreement. The broke
    8·1 answer
  • The level of investment in markets often indicates the stability of the government. the state of the economy. the success of ind
    10·2 answers
  • What is bad customer service ? with example​
    9·2 answers
  • All of the following are competitive forces in Porter's model except: Group of answer choices customers disruptive technologies
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!