The Following Appeared in a Florida Newspaper a Week After

question 214

Multiple Choice

The following appeared in a Florida newspaper a week after a hurricane hit the state."Floridians are relieved that the storm produced no fatalities but homeowners face weeks, if not months, of rebuilding.Matters are made worse by the soaring prices of plywood and other building materials that always follow in a hurricane's path.Complaints of profiteering and price gouging have not deterred firms from raising their prices by over 100 percent." Which of the following offers the best explanation for the price increases referred to in the article?

• A)The hurricane reduced the number of suppliers of building materials.
• B)The hurricane created an artificial shortage of building materials.
• C)The hurricane caused an increase in the demand for building materials.
• D)There was a reduction in supply as firms shipped plywood and other materials to locations not affected by the storm.

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Definitions:

U.S. Constitution

A foundational document of the United States establishing its national government, fundamental laws, and guaranteeing certain basic rights for its citizens.

State Constitution

The fundamental governing document of a U.S. state, outlining the structure, functions, and powers of government within the state.

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Secondary Source

A document or recording that relays information not originally created by the author or speaker, often summarizing or commenting on primary sources.