If a forestry company expects timber prices to be higher next year rather than this year, they will supply more to the market this year.

Name: If a forestry company expects timber prices to be higher next year rather than this year, they will supply more to the market this year.
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Question

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If the forestry company expects timber prices to be higher next year, they will hold onto their current supply and wait to sell it at a higher price. They would not increase supply to the market this year.

If a Forestry Company Expects Timber Prices to Be Higher