Problem
After a major earthquake struck Los Angeles in January 1994, several stores raised the price of milk to over $6 a gallon. The local authorities announced that they would investigate and that they would enforce a law prohibiting price increases of more than 10% during an emergency period. What is the likely effect of such a law?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.