In your first online essay please address the following:
“During this coronavirus global pandemic, assess the economic impact of price gouging (for example products that are in short supply like toilet paper, hand sanitizer etc.) Make sure you evaluate this on the basis of both equity and efficiency.”
Hint: you might want to read Ch 4 “In the News” from your textbook.
Please keep your essays less than 1,000 words. I will be grading you on your ability to integrate the economics concepts we have learned in class so far and your ability to express and explain your ideas clearly. No late assignments are accepted.
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