Assume you have the following information for the global market for agricultural commodity \(X\). For each scenario, use demand and supply analysis to provide a likely explanation for the change in market equilibrium. The prices are per bushel and the quantities are millions of bushels.

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Scenario a. b. c. d. August 2015 p* = $142 Q* = 315 p* = $142 Q* = 315 p* = $142 Q* = 315 p* = $142 Q* = 315 p* = August 2016 $180 Q = 315 p* = $128 Q = 360 p* = $135 Q* = 275 = p* $142 Q* = 400