Why firewood prices are not rising by supply-demand analysis


The price of firewood has remained steady across the United States even though the supply of firewood has been diminished by environmental restrictions on cutting. At the same time, recent reports have shown that the sale of gas fireplaces is far outpacing the sale of wood-burning fireplaces. Use supply and demand analysis to show why firewood prices are not rising. Discuss possible long-term reactions from firewood suppliers.

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Microeconomics: Why firewood prices are not rising by supply-demand analysis
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