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Business, 02.04.2021 17:10 ssiy

Lumber mills shut down and choked back output, reasoningthat the Corona pandemic and unemployment would wipe-out home improvement and building plans. However, builders faced a stampede to the suburbs as stuck at home Americans took advantage of low mortgage ratesfor the time being in search of more living space. Bars and restaurants also rushed tobuild outdoorseating in case the pandemic lingers on. Use the supply and demand model to suggestwhat you think might happento the priceand quantity in the market for Lumber. Required:
Explain any shift you show by specifying the variablecausing the change.

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