Problem
The first reading you had this semester was I, Pencil. What was the lesson of this reading? How would a tax on lumber affect the coordination of all actors needed to make a pencil? Do you think this would result in consumers paying higher prices for pencils, fewer pencils being sold to consumers, or both? Why?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.