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)

The online medical supply store would likely violate the area of pricing regulation related to price gouging.

•price discrimination

•deceptive pricing
predatory pricing
price fixing

Which one?

The online medical supply store would likely violate the area of price gouging, which can be categorized as a form of predatory pricing.