Suppose a hurricane causes a great deal of destruction in Florida. After the hurricane, it takes much longer than usual for the reconstruction to take place. A possible explanation for this is
A)greed by suppliers of construction materials increased.
B)government prevented price gouging during the reconstruction period.
C)prices of construction materials fell in the Midwest.
D)environmental restrictions on lumbering in the Pacific Northwest were relaxed.

Question

Quizplus · Accepted Answer

Government prevention of price gouging can lead to shortages and delays in reconstruction as suppliers may not have the incentive to increase supply or prioritize the affected area.

Suppose a Hurricane Causes a Great Deal of Destruction in Florida