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    Business Essentials Study Set 5
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    Exam 2: Understanding Business Ethics and Social Responsibility
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    When a Firm Significantly Increases the Price of a Good
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When a Firm Significantly Increases the Price of a Good

Question 75

Question 75

Multiple Choice

When a firm significantly increases the price of a good or service because of an increase in demand,what unethical practice are they potentially engaging in?


A) Consumerism
B) Collusion
C) Unfair pricing
D) Collaboration
E) Price gouging

Correct Answer:

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