Respuesta :
Price gouging occurs when the seller increased the prices of the goods and serves of commodities. These events take place demands and supplies.
- The term Profiteering is used for the short term and can be used and is essential for clothing, shelter, and medicine. The term is widely used in monopoly theory.
Hence the option C is correct.
Learn more about when some merchants charge very high.
brainly.com/question/21927741.