Multiple Choice
Recent pine beetle infestations that are destroying trees in the western provinces are expected to cause the price of lumber to rise in the next six months. As a result, what can we expect to happen to the supply of lumber?
A) It will fall in six months, but not now.
B) It will increase in six months when the price goes up.
C) It will fall now.
D) It will increase now to meet as much demand as possible.
Correct Answer:

Verified
Correct Answer:
Verified
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