Figure: Shifts in Demand and Supply III
(Figure: Shifts in Demand and Supply III) Look at the figure Shifts in Demand and Supply III.The figure shows how supply and demand might shift in response to specific events.Suppose a wet and sunny year increases the nation's corn crop by 20%.Which panel best describes how this will affect the market for corn?
A.panel A
B.panel B
C.panel C
D.panel D
Correct Answer:
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