In the presence of shortages, why would a firm, such as a restaurant with people waiting for a table or a theater with people waiting for a ticket, not raise prices when doing so would seem to increase profits? Part 2 A. Increasing prices might be seen as unfairIncreasing prices might be seen as unfair. B. Increasing prices might result in short run gains at the expense of long run profitsIncreasing prices might result in short run gains at the expense of long run profits. C. Increasing prices requires the firm to pay substantial "switching costs." D. Both a and b. E. All of the above