What impact would a sudden increase in the price of wood have on producers and consumers? How might each group respond to the change in price?

Similar Questions

In a market economy, a high price will usually causeA) producers to offer less and consumers to buy less. B) producers to offer
1. 7 answers
A pyramid of numbers demonstrates that a community hasa) producers who depend on consumers for food b) more producers than
1. 2 answers
How are producers different from consumers? Choose one answer.A. Producers want to buy products from consumers. B. Producers
1. 1 answer
how are producers different from consumers?a producers want to buy products from consumers b producers want low demand for goods
1. 1 answer