Professional baseball teams in the United States use only wooden bats.If aluminum bats were permitted, the impact on the wooden bat market would be
A)a higher price for wooden bats.
B)a lower price for wooden bats.
C)an increase in the number of firms producing wooden bats.
D)higher wages for workers in the wooden bat industry.

Question

Quizplus · Accepted Answer

If aluminum bats were permitted, the demand for wooden bats would decrease, leading to a surplus of wooden bats in the market. This surplus would force the prices of wooden bats to decrease in order to remain competitive. Therefore, the impact on the wooden bat market would be a lower price for wooden bats.

Professional Baseball Teams in the United States Use Only Wooden