If there was plenty of water and supplies were delivered, then there would be no incentive for the price increase and no need to have a law about it.
During Sandy, much of the price 'gouging' discussion was regarding gas supplies. The effect of price gouging laws was that people who had time waited in line and then sold their tank of gas on the secondary market where the price gouging law was not followed.
It is really hard to make the laws of supply and demand obey legislative commands.
During Sandy, much of the price 'gouging' discussion was regarding gas supplies. The effect of price gouging laws was that people who had time waited in line and then sold their tank of gas on the secondary market where the price gouging law was not followed.
It is really hard to make the laws of supply and demand obey legislative commands.