The price gouging statute imposes an effective price ceiling on necessary commodity duties in emergencies; legally, retailers cannot raise prices by a significant amount. When a natural disaster occurs, the demand for necessary commodities such as food and water can dramatically increase as people want to be stocked on emergency items. In addition, since it can be difficult for retailers to receive shipments during emergencies, the supply of these items is often reduced. Given the simultaneous reduction in supply and increase in demand, one would expect the price to increase during times of emergency. However, since the price gouging statute acts as a price ceiling, the price will probably remain at its average level, resulting in a shortage. Please draw an appropriate diagram to illustrate this statement. ?