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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: If one really believes that price spikes known as "price gouging" are due to a surge in greed among
Post by: Sublight2097 on Jun 20, 2015
If one really believes that price spikes known as "price gouging" are due to a surge in greed among suppliers, then
A) they haven't quite mastered the economic way of thinking.
B) their comfort in knowing that thousands if not millions of others agree with them is not sufficient economic evidence to conclude that their claim is correct.
C) their claim implies that significant price decreases are due to a sudden reduction in greed among suppliers.
D) all of the above are true.


Title: Re: If one really believes that price spikes known as "price gouging" are due to a surge in greed am
Post by: Smoooth on Aug 13, 2015
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Title: Re: If one really believes that price spikes known as "price gouging" are due to a surge in greed among
Post by: Sublight2097 on Aug 31, 2015
Another one in the books, marking it solved.


Title: Re: If one really believes that price spikes known as "price gouging" are due to a surge in greed among
Post by: Smoooth on Aug 31, 2015
No problemo :-]