What is the quickest way to resolve problems from a supply shock?
1. lower prices
2. decrease supply
3. raise prices
4. rationing

3. Raise prices.

Explanation:

In the event of a supply shock, the quickest way to recover and adjust is by increasing prices.

If the supply reduces, then the suppliers shall demand more, this shall cause a burden to the seller.

The seller should increase the prices in order to cope up with the prices of the supplies.

the u.s. department of labor is a cabinet-level federal agency that supports the american labor force. it has three overall functions. first, it protects the rights of workers and retirees. second, it provides job training. third, it provides statistics related to working, prices, and income.