Let d = demand, s = supply, p = equilibrium price, and q = equilibrium quantity. what happens
in the market for tropical hardwood trees if the governments restrict the amount of forest lands
that can be logged?
a) d decreases, s no change, p and q decrease
b) d and s decrease, p and q increase
c) d no change, s decreases, p increases, q increases
d) s decreases, d no change, p increases, q decreases