Demand for Louisiana lumber reached a low in 2008 due to a housing crisis. In 2014, international demand for softwoods, such as pinewood, brought about a surge for the lumber industry in Louisiana. Casey is a sawmill owner. To meet international demand, he is considering moving his business from Pine Grove to Port Allen, which is closer to the Port of Baton Rouge. Which economic question is Casey exploring? What should be produced? Who should it be produced for? How should it be produced? How much should be produced?
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Demand for Louisiana lumber reached a low in 2008 due to a housing crisis. In 2014, international de...
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