If the price of wood increased in Chicago, what would happen to the supply of pencils globally?

?2014-09-29T10:57:14Z

Since there are 5715 manufacturers of pencils in China, and seven in the USA, the price of wood in Chicago wouldn't matter much.

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Hugo902014-09-29T07:32:30Z

The cost of the wood in a pencil is a tiny part of the cost. It would make no difference.

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