Business
Business, 18.12.2019 20:31, brenyasanders6238

If a new source of lumber is found, what is likely to happen to the price of
lumber, and why?
o
a. the price is likely to increase because costs of production will
increase.
o
b. the price is likely to decrease because supply has increased.
o
c. the price is likely to decrease because demand will decrease.
o
d. the price is likely to increase because demand will increase.
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Answers: 1

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If a new source of lumber is found, what is likely to happen to the price of
lumber, and why?...

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