polysilicon prices have been significantly rising in 2022 due to supply shortages. Among many other uses, polysilicon is a major component in solar panels. Assume this trend continues and assume at least part of the population purchases carbon offsets as an alternative to using renewable energy. Which of the following will most likely happen to the market for carbon offsets due to the rising prices of silicon? a. The price of carbon offsets will increase. b. The price of carbon offsets will decrease. c. The price of carbon offsets will be unaffected.

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