Which is an example of a price gouging law?
The government places a price ceiling on flashlights. The price ceiling is normally non-binding and is intended to keep
prices from getting too high after a natural disaster.
Local businesses are required to sell flashlights for half price after a natural disaster.
O The government places a binding price floor on flashlights to keep the price low at all times.
O The government places a binding price ceiling on flashlights to keep the price low at all times.