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Half of the costs you incur at your artisan picture frame shop come from the imported hardwoods you use for the frames. You expect the
Half of the costs you incur at your artisan picture frame shop come from the imported hardwoods you use for the frames. You expect the reduction of a tariff on imported lumber, including the exotic hardwoods you use, will lower those costs by 8%. You expect the other half of your costs to rise by 3%. How will you adjust your prices for next year? Group of answer choices You decide to raise them by 2.5%. You decide to raise them by 5%. You decide to reduce them by 5%. You decide to reduce them by 2.5%
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