0
What is the term used to describe a situation when increased demand leads to overly steep and often unwarranted price increases?
The term used to describe this situation is "price gouging." Price gouging occurs when sellers raise prices significantly above normal levels, typically during high demand scenarios, such as natural disasters or emergencies, taking advantage of consumers' urgent needs. This practice is often considered exploitative and can lead to legal repercussions in many jurisdictions.
What else can I help you with?
Why did economists invent the term stagflation to describe the economic problems in the US in the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economist invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economics invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economists invent the term stagflation to describe the economic problems in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did economists invent the term stagflation to describe the economic problems in the US during the 1970's?
to describe a situation caused by a weak economy and rising prices
Is undue a preposition?
No, "undue" is not a preposition. It is an adjective used to describe something that is excessive or unwarranted.
Describe a customer service situation?
Describe a situation of superior customer service?"
Describe a situation where you had to prioritize personal matter over work?
Describe a situation where you had to prioritize personal matter over work?
Describe a situation where you have had to deal with a difficult customer what did you do what was the outcome?
Describe a situation where you have had to deal with a difficult customer what did you do what was the outcome
Describe a bad situation?
There are millions of ways you could describe a situation. You could describe a situation based on facts or on feelings for example.
How does Satan describe God's character?
In Job chapter 1 verses 6-10, the Satan doesn't describe God's character explicitly, but he does seem to imply that he feels that God is overprotective of the righteous; a form of perhaps unwarranted favoritism.
Describe a recent situation which demonstrates attributes you can contribute to our team?
Describe a recent situation which demonstrates attribute you can contribute To ENRST & YOUNG
How does Boyles law describe the relationship between gas pressure and volume?
"When the pressure of a gas at constant temperature is increased, the volume of the gas decreases. When the pressure is decreased, the volume increases." More precisely, pressure is inversely proportional to volume.
How do you describe a situation causing you to be depressed?
depressing
How would you describe varies directly and show it in an equation?
when x increases y increases.. y=kx
How Does Boyle and law describe the relationship between pressure and volume?
"When the pressure of a gas at constant temperature is increased, the volume of the gas decreases. When the pressure is decreased, the volume increases." More precisely, pressure is inversely proportional to volume.
How do you say describe in french?
in french, describe is known as 'ecrivez'.
