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In the summer of 2021, more than 70 large wildfires burned across the American west. These wildfires damaged or destroyed many industries, including the lumber

In the summer of 2021, more than 70 large wildfires burned across the American west. These wildfires damaged or destroyed many industries, including the lumber industry. How did these wildfires affect the market for lumber?

  • The supply shifted to the right
  • The supply curve shifted to the left
  • The quantity supplied decreased
  • The quantity supplied increased.

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