Economy, asked by farihayousaf439, 9 months ago

increase in price of wood will affect demand and supply of cupboard? explain​

Answers

Answered by drcharan2007
4

Answer:

As many cupboards are mostly made up of wood and if the price of wood increases the demand for making and selling cupboards will automatically increase as the shopkeepers will buy the wood for higher prices it will be a huge loss,while the equipment used for making cupboards and tools are expensive. Thus,increase price of wood will cause a huge demand for the cupboards

Explanation:

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