Save-A-Bunch Hardware Has Tripled Its Prices for Plywood and Other

question 64

Multiple Choice

Save-a-Bunch Hardware has tripled its prices for plywood and other building supplies after a tornado strikes the area.What business practice is Save-a-Bunch Hardware demonstrating?

• A) price gouging
• B) price wars
• C) price fixing
• D) collusion
• E) buying out competitors

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Definitions:

Account Numbers

Unique identifiers assigned to individual bank accounts, facilitating transaction processing and account management.

Company Preferences

Customizable settings or options within a software application that allow a company to configure the application according to its specific requirements.

Desktop View

A user interface designed for viewing on a desktop computer, often contrasting with a mobile or compact view.

Consulting Firm

A professional service organization that provides expert advice to businesses and organizations across a diverse range of industries and sectors.