In a free economy when everything decide on the demand and supply it is good to increase price when demand is more and supply is less,it should be done in normal situation.Always there are ethics and morality in business with social responsiveness of the suppliers which is normally the business houses.In the time of emergency like hurricane,tornado or war like situation prices should not be increased more by the business.It reflects moral hazards and low moral and social responsibility of the providers.Everyone who are affected by these emergencies suffered a lot and it is worst to charge them much in the distress situation.For emergency products and services like water,electricity etc, the price of these aticles should not be hyper increased to get more profit from the situation.
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