Suppose a producer charges $20 for a new toy. at this price, the producer supplies more toys than people demand, so there is a(n) the producer decides to lower the price to $15. at this new price, quantity supplied equals quantity demanded. so, $15 is the

China's new 5 percent tax on disposable wooden chopsticks, reflecting concerns about deforestation, has been praised by environmentalists. the move is hitting hard at the japanese, who consume 25 billion set of wooden chopsticks annually. almost all of the chopsticks used in japan come from china. the reuirements for chinese manufacturers of wooden chopsticks to pay the 5 percent tax is a factor in their external environment.