A hurricane is expected to hit the Carolinas. Why might the prices of batteries, candles, and bottled water rise?
A) The government will raise taxes on these products and cause the prices to rise.
B) Sellers will hold back the supply of these items to induce a rise in prices.
C) Buyers will flock to purchase these items, and the excess demand will cause prices to rise.
D) Sellers will lower the supply of these items, which causes prices to rise.
Correct Answer:
Verified
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