Question: 1.)read this article https://www.nytimes.com/2020/05/20/business/supply-and-demand-isnt-fair.html 2.)briefly expressing the pros and cons of an anti-price gouging policy and what you think is the best solution. Include answers
1.)read this article
https://www.nytimes.com/2020/05/20/business/supply-and-demand-isnt-fair.html
2.)briefly expressing the pros and cons of an anti-price gouging policy and what you think is the best solution. Include answers to the following questions:
- Do you think it's fair to let markets adjust (and prices rise)? Why or why not?
- What is the intention behind anti-price gouging laws?
- What are some unintended consequences that result from implementing an anti-price gouging law?
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