After a heavy snowfall, hardware stores often experience a run on snow shovels and other snow removal equipment. However, they rarely raise prices even though there is a temporary spike in demand....

After a heavy snowfall, hardware stores often experience a run on snow shovels and other snow removal equipment. However, they rarely raise prices even though there is a temporary spike in demand. What considerations, legal and otherwise, do you think govern their actions? (Hint:
Do an Internet search on the phrase “price gouging” for some interesting articles.)



May 26, 2022
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