For this week’s dialogue. Be sure to back up your answers/remarks with quotations from your text, other written sources, the Internet, and biblical

For this week’s dialogue. Be sure to back up your answers/remarks with quotations from your text, other written sources, the Internet, and biblical scripture. 

Prices exist because of scarcity, not everyone can have everything they want right now. During natural disasters or pandemics supplies of things can get very scarce. Shelves are emptied by consumers but over 30 states have a law that prevent prices from increasing during natural disasters, it is sometimes called anti-price gouging. Should prices be allowed to increase during a disaster? Is there a morality aspect to this?

(250-300 wrds)

 

Below are this weeks study materials 

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Homework  JWI 515: Managerial Economics Academic Submissions and Evaluation © Strayer University. All Rights Reserved. This document contains

Homework  JWI 515: Managerial Economics Academic Submissions and Evaluation © Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University. JWI 515 –