Week 1 DISCUSSION

1. Read “Florida Lawsuits Allege Price Gouging,” and “They Clapped: Can Price-Gouging Laws Prohibit Scarcity?”
2. Read the article from Chapter 4 in your textbook: “In the News: Price Increases after Disasters” (pages 80-81).
3. Also read the article –  The Problem with Price Gouging Laws The Problem with Price Gouging Laws – Alternative Formats .
4. Watch the Price Gouging videos above.
5. Summarize the main points of each article and decide which graph (A, B, C, or D) can be used to explain each event and why – be specific. More than one graph may apply. ( SupplyAndDemandGraphs2.doc Supply and Demand Guide – Alternative Formats  and  Supply and Demand Graphs.pptx Supply and Demand Powerpoints – Alternative Formats )
6.  What is your conclusion? Is price gouging a good thing or not? Or is it just necessary? Explain why.
7. Post your views to the discussion board and refer to at least two different concepts from this week’s Chapters. Your illustration of concepts MUST include an explanation why you think they are are relevant to the week’s topic using specific information from the articles, videos and other research that you have done.

7. Post on three different days for a minimum of three posts. Failure to meet these minimum posting requirements results in point loss.
   • Include a word count on each post. All of your posts should sum to a minimum of 500 words.
   • Each post submitted should be between 150 and 250 words. Keep them short, specific, and clear.
   • Use paragraphs as appropriate.
   • Very lengthy posts do not provide an incentive to be read.
   • Remember to document all use of sources by using citations and references. These should be in APA format.
   • Please review Plagiarism Powerpoints ( PLAGIARISM.ppt Plagiarism – Alternative Formats ) and be sure to provide references (APA.ppt), including URLs where appropriate, to all works that you cite.