Question: Consider again the demand and supply functions in Worked-Out Problem 2.2 (page 31). Suppose the government needs to buy 3.5 billion bushels of corn for

Consider again the demand and supply functions in Worked-Out Problem 2.2 (page 31). Suppose the government needs to buy 3.5 billion bushels of corn for a third-world famine relief program. What effect will the purchase have on the equilibrium price of corn? How will it change the amount of corn that is bought and sold?

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