3. i) Price gauging - With the outbreak of hurricane, the people demanded products more for their subsistence living and it was acceptable for them to pay any amount in order to buy the commodity during the outbreak. This gave a big opportunity to the producers to charge as much price as they want from the customers. They converted the fear of consumers into their profits.
ii) Welfare, freedom and virtue - The welfare is when marketers promote the welfare of the society to the people who work for them to provide goods to the consumers. Freedom is to provide the powers to the customers itself to select the amount they want to pay for the product exchange
This concept is contradicted by price gauging as the marketers want to profit, the main aim of the business is to earn profit in such a disaster situation and welfare is secondary for them so the main focus is not on the welfare, whereas, freedom for customers is actually not there because the marketers make the product, a need for the consumers and sell them as subsistence material.
This brings in the matter of virtue in the discussion, where people look out for one another in such distressing situation, so the virtue talks about how the customers should be treated wisely and equally and should be charged what is reasonable.
iii) What wounds deserve the purple heart? - The purple heart is for those who are physically injured during the war, but when it comes to mental trauma, this concept becomes false and then the soldiers which are suffering from the trauma of explosions and everything, they have to go through medical assistance and ultimately do not deserve purple heart, which is not fair.
3. What are the three approaches that Michael Sandel considers in evaluating the morality of raising...