In the United Kingdom (UK), the cost of timber used for house building rose. This was caused by a surge in the UK house building industry and a lack of drivers available to transport the timber. What change occurred in the UK timber market that led to this rise in price?
- Ademand curve shifted left; supply curve shifted left
- Bdemand curve shifted left; supply curve shifted right
- Cdemand curve shifted right; supply curve shifted left
- Ddemand curve shifted right; supply curve shifted right