Recent forest fires in the western states are expected to cause the price of lumber to rise in the next six months. as a result, we can expect the supply of lumber to

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asked Sep 13, 2018 218k views

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Mayank Pandya · Answer 1 · 2018-09-18T06:35:04+0000

The supply of lumber is going to fall in the immediate short term. This will keep the overall supply low enough to meet this overall rise in price later on in the year. The lowered supply will move the supply curve leftward overall.

Recent forest fires in the western states are expected to cause the price of lumber to rise in the next six months. as a result, we can expect the supply of lumber to

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