How would a tax on lumber affect the coordination

Reference no: EM132143160

Question: The first reading you had this semester was I, Pencil. What was the lesson of this reading? How would a tax on lumber affect the coordination of all actors needed to make a pencil? Do you think this would result in consumers paying higher prices for pencils, fewer pencils being sold to consumers, or both? Why?

Reference no: EM132143160

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