Recent forest fires in the western states are expected to cause the price of lumber to rise in the next 6 months. As a result we can expect the supply of lumber to Group of answer choices increase in 6 months when the price goes up. fall now. fall in 6 months, but not now. increase now to meet as much demand as possible.
Added by Courtney S.
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Recent forest fires in the western states have likely destroyed a significant amount of timber, which is a primary source of lumber. This destruction will reduce the available supply of lumber in the market. Show more…
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