How has Washington's timber industry been affected by the forces of supply and demand?

O It has declined due to the reduced supply of timber.

O It has increased in supply and demand because of increased timber production.

O It has increased in sales and demand because of a reduced supply of timber. It has increased sales due to an increase in the supply of timber.

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jmsoosenuu94 jmsoosenuu94

10-06-2022
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How has Washington's timber industry been affected by the forces of supply and demand?

O It has declined due to the reduced supply of timber.

O It has increased in supply and demand because of increased timber production.

O It has increased in sales and demand because of a reduced supply of timber. It has increased sales due to an increase in the supply of timber.

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-06-17T18:24:19+02:00

Washington's timber industry has been affected by the forces of supply and demand as It has increased supply and demand because of increased timber production. Option B. This is further explained below.

What are supply and demand?

Generally, supply and demand are simply defined as availability and demand are two criteria that are considered when setting the price of a product or service.

In conclusion, Because of rising wood output, the timber business in Washington state is feeling the effects of supply and demand.