Why will journal affect supply in market for canadian lumber


Problem

On June 18, Ryan Dezember and Kirk Maltais reported in the Wall Street Journal that, "The announcement by West Fraser Timber Co. to permanently curtail about 314 million board feet of production annually added to a long list of Canadian mill owners who are cutting back amid limited availability of timber in British Columbia and low prices for finished forest products due to a slowdown in U.S. home construction." Will this affect supply or demand in the market for Canadian lumber?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why will journal affect supply in market for canadian lumber
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