After the 2006 tornado in Oklahoma City, OK, businesses were trying to sell lumber for 50 percent above their regular prices.This is an example of

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Price gouging refers to the act of charging customers excessively high prices during a state of emergency or crisis. In this case, businesses were selling lumber for 50 percent above their regular prices after the tornado, which can be considered price gouging.

After the 2006 Tornado in Oklahoma City, OK, Businesses Were