Save-a-Bunch Hardware has doubled its prices for plywood and other building supplies after a tornado strikes the area.Save-a-Bunch Hardware is likely guilty of ________.

Question

Quizplus · Accepted Answer

Price gouging refers to the practice of raising prices of goods or services to an unfair or excessively high level during a state of emergency or disaster. In this case, Save-a-Bunch Hardware has doubled its prices after a tornado, which is likely to be seen as exploiting the situation to increase profits.

Save-A-Bunch Hardware Has Doubled Its Prices for Plywood and Other