Is it evil to exercise price gauging

You are to watch an ABC news clip about price gauging. This video focusing on price gouging after Hurricane Katrina, a Mississippi law against price gouging is in stark contrast with prominent economists arguing that price gouging is good. After natural disasters, some businesses raise prices. Some people buy several generators, and then drive hundreds of miles and sell those generators for twice the price. Offer opinions on “Is it evil to exercise price gauging?” Keep in mind that we are learning on how to use positive economics to analyze an economic problem. Make sure that your answers use Microeconomics concepts to support your opinion. This paper is more like an argumentative paper, so you should be able to address the ideas on both sides (e.g., yes it is and no it is not evil.) You should first summarize the video and then offer your opinions.

#evil #exercise #price #gauging

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Evaluate decision-making tools for capital investments, budgeting, and

Paper details Assignment: Budget Planning and Control Due Week 9 and worth 200 points Before approaching this assignment, be sure that you have watched the following video. Budgetary Planning featuring Babycakes *FULL VIDEO*. (2016). YouTube. Babycakes, a specialty bakery, is the company that will be considered for all parts of

New Bussiness: The Project Portfolio

a.       A short introduction to the market contexts within which you would like to base your project. For example: which sector/industry? What products/services? What kinds of problem/issue that consumers have with the existing products or services? Why are you personally interested in this? b.       Produce an introduction to your proposed

Given the numerous data sources listed in Chapter 5 of

Given the numerous data sources listed in Chapter 5 of the textbook, select two data sources that could be linked to create an enriched data set for a specific public health research purpose. What are public health concerns that the linked data could be used to investigate? Explain your choices. 

So far, you have learned about the general intersection between

So far, you have learned about the general intersection between mental health and the justice system as well as the broad array of treatment and assessment needs in forensic settings. As you have read about these needs, you have also learned about theoretical frameworks utilized to shape treatment in these

Marketing metrics – cannibalization rate

Your presentation should be based on the textbook/PowerPoint slides provided and focus on an example you research individually. Since you are provided with the content (the purpose of metric, construction/formula, considerations) upfront, you should focus on finding/developing a relevant example/mini case. This should be based on real data, for a

For your Learning Journal entry this week, respond to the

  For your Learning Journal entry this week, respond to the following prompt: Choose one of the cultural examples provided in this module and explain how that cultural expression reflects nativist philosophies. For example, describe how nativism influenced costumbrismo. Use DETAILED evidence to support your conclusion. You may also choose

10 pages Here are some possible topics : A transformation

10 pages Here are some possible topics : A transformation in American Cinema; for example, the development of the Classical Hollywood Studio System;  From SIlent to Sound;  Screwball Comedies and the Zany Sound Comedies of W.C. Fields, The Marx Brothers, The Three Stooges, Bob Hope, and others. Censorship and the

ASSIGNMENT #1Civic Meeting: Attend the meeting of a Government body at

ASSIGNMENT #1 Civic Meeting: Attend the meeting of a Government body at the local, state, regional or national level. This may be a city council, county commission, state or national legislature meeting. Submit a formal report on the proceedings to include the observations of the meeting and possible impacts on

Extend Sabrina and Sable responses with additional examples about objectivity

Extend Sabrina and Sable responses with additional examples about objectivity in science. What ideas did your peers present that you had not considered before. Sabrina post I do not believe scientists and researchers can ever be fully objective during their work.  Each person comes in with a different viewpoint, different

Differentiate the key assessment metrics in achieving an operational project

Differentiate the key assessment metrics in achieving an operational project plan. Student Success Criteria View the grading rubric for this deliverable by selecting the “This item is graded with a rubric” link, which is located in the Details & Information pane. Course Scenario Presently, your multinational organization uses steel at

Microsoft Excel You will analyze the data you collected and

You will analyze the data you collected and provided in your assignment last week. As you are working on each of the steps below, think about the analysis that you will provide to the research team. Follow the steps below to complete this analysis. Copy the file you created in

Inferential Versus Descriptive Statistics Explain how inferential statistics differs from

  Inferential Versus Descriptive Statistics Explain how inferential statistics differs from descriptive statistics; identify common inferential statistical methods and discuss why inferential statistical methods are a significant component of data analytics work. Cite two specific examples of how inferential statistics are used. Your initial post comprising a minimum of 450 words should

Option #1: Project Management Plan

You have been newly hired into the Johnsonville Community Hospital system. There is a wide array of services available to the community of 80,000 people. Such services include many of the typically expected services found within most medium-sized hospitals. The community has also seen a notable amount of economic growth

Milestone Two – Submitting Your Data Set Compile and present

  Milestone Two – Submitting Your Data Set Compile and present the data that will inform your project. Examples: pie charts, bar charts, line charts, column charts, poll results, survey results, trend graphs, timelines, raw data table, summary table, narrative summary table, etc. Briefly introduce your data, present your data,

Our focus on learning this week has been related to

   Our focus on learning this week has been related to defining health care policy, invested stakeholders, and ways in which the practice scholar can advocate for change. As you consider the readings and learning activities this week, it is time to apply these activities to your proposed DNP Project.