Question

#1: What can be done about Price Gauging Caused by the Coronavirus Pandemic? please explain in a paragraphs

Answer 1

Answer - As we all know the corona virus has influenced the whole world. This has created a huge demand for the health accessories such as hand sanitizers , face masks , and other items which are considered to be precautionary tools.

Taking the advantage of this , the producers or the suppliers of these items are taking the undue advantage of this situation and charging the price of their own to earn more and more profits.

This can be controlled by the government order. If the government sets the price ceiling on all these items and impose a penalty on anyone who tried to jump off this . This should be done by the countries across the globe suffering from corona virus.