Question

When the COVID-19 pandemic began, it created a lot of opportunities for companies in the medical mask business, because suddenly it seemed like the whole world needed their products. If an online medical supply store raises their prices 400 percent in response to the surge in demand, which area of pricing regulation would they likely violate?

(1 point)
Responses

price discrimination

price discrimination

deceptive pricing

deceptive pricing

predatory pricing

predatory pricing

price fixing

price gouging