3 Questions
What is price gouging?
A form of oppression
What is one of the effects of price gouging?
Disrupted supply chain
What is the main benefit of price gouging?
There are no benefits
Study Notes
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The key facts from the text are that there are no benefits to price gouging, and that it is a form of oppression.
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Price gouging is a form of oppression that is done in an attempt to create false scarcity in order to maximize profit.
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There are no benefits to price gouging, and it is a form of cruelty.
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Price gouging is a form of cruelty that disrupts the supply chain in a pitiful attempt to create false scarcity.
Test your knowledge about price gouging, a form of oppression and cruelty that disrupts the supply chain and creates false scarcity to maximize profit. Learn about the negative impacts and lack of benefits associated with this practice.
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