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<h2 class="hd hd-2 unit-title">Expensive Therapies vs. Price Gouging</h2>
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<h2 class="hd hd-2 unit-title">Exercise: Expensive Therapies vs. Price Gouging</h2>
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Exercise: Expensive Therapies vs. Price Gouging
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<div class="wrapper-problem-response" tabindex="-1" aria-label="Question 1" role="group"><p>"Price gouging occurs when, in the wake of an emergency, sellers of a certain necessary goods sharply raise their prices beyond the level needed to cover increased costs." (Zwolinski, Matt, The Ethics of Price Gouging. Business Ethics Quarterly, Vol. 18, No. 3, pp. 347-378, July 2008.)</p>
<p>Select the situations below in which we have "price gouging" according to the definition given above. Check all that apply.</p>
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<input type="checkbox" name="input_3f86d4b38a1c4c3099a3cdabed6ba100_2_1[]" id="input_3f86d4b38a1c4c3099a3cdabed6ba100_2_1_choice_1" class="field-input input-checkbox" value="choice_1"/><label id="3f86d4b38a1c4c3099a3cdabed6ba100_2_1-choice_1-label" for="input_3f86d4b38a1c4c3099a3cdabed6ba100_2_1_choice_1" class="response-label field-label label-inline" aria-describedby="status_3f86d4b38a1c4c3099a3cdabed6ba100_2_1"> A grocery store is used to receiving bananas from an island in the Caribbean at $0.20 per banana, which he then sells at $0.60 per banana. This year's banana harvest has been damaged, so he now has to buy bananas at $0.40 per banana, and sells them at $0.80 per banana.
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</div><p>Note that we will examine these issues in greater detail in Unit 10: Pricing, Value, and Ethics.</p>
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<h2 class="hd hd-2 unit-title">Mortgaging Health</h2>
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<h2 class="hd hd-2 unit-title">What About Gene Therapies?</h2>
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<h3 class="hd hd-2">What About Gene Therapies?</h3>
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