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1 An old railroad is being dismantled, making railroad ties (sturdy wooden posts that serve as a support to railroad tracks) available at very low
1 An old railroad is being dismantled, making railroad ties (sturdy wooden posts that serve as a support to railroad tracks) available at very low prices. Meanwhile, average wages have increased, forcing a company that builds wooden fences to pay its employees more. What will be the impact of these two events on the price of fences and the quantity of fences the company builds? .. A.0 Price will increase, and quantity will decrease...,,.. B.0 Price will decrease, and the impact on quantity cannot be determined...,,..|C.0 Price will increase, and the impact on quantity cannot be determined...D.0 Neither the impact on quantity nor the impact on price can be determined
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