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Some Distributors Are Price Gouging COVID-19 Rapid Tests

Some Distributors Are Price Gouging COVID-19 Rapid Tests

Assessment

Interactive Video

Business, Science, Social Studies

9th - 10th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the challenges faced by small pharmacies in acquiring and selling COVID-19 rapid tests due to price hikes by wholesale distributors. It highlights the efforts of a New York pharmacy to serve the community by limiting test sales and avoiding business with exploitative distributors. The video also touches on past experiences of price gouging and hopes for changes in distributor practices as insurance reimbursement policies evolve.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What issue are small pharmacies facing with wholesale distributors regarding COVID-19 tests?

Lack of supply

Price gouging

Poor quality tests

Delayed shipments

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Alonei pharmacy decide to manage their test supplies?

By increasing the price

By limiting sales to one per person per day

By offering discounts

By selling only to regular customers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What past experience did the Alonei pharmacy have with price gouging?

Costly face shields

Expensive hand sanitizers

Overpriced Lysol wipes

High prices for masks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new regulation might affect the sale of COVID-19 tests?

Mandatory free distribution

Insurance reimbursement for tests

Ban on test sales

Government price control

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advice does Gary give regarding the frequency of COVID-19 testing?

Test daily

Test before every outing

Test once a week or every few days

Test only if symptomatic

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