Respuesta :
If a new source of lumber is found, the price of lumber is likely to decrease because suppy will increase.
A fresh source of lumber means more supply. Prices fall when supply increases, according to the rules of supply and demand.
The equilibrium price is the current market price. It is the price that consumers are ready to pay for the amount offered by providers in the market. In other words, it is the point at which the supply and demand sides of the market collide. A fresh source of lumber will boost the supply side, causing the supply curve to change. In the market, a new equilibrium with a lower price will emerge.
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