Question: Please help me with this hw question 8. (6 points) Wheat and corn are substitutes. A drought in the U.S. Midwest destroys one-third of the

Please help me with this hw question

Please help me with this hw question 8. (6 points) Wheat and

8. (6 points) Wheat and corn are substitutes. A drought in the U.S. Midwest destroys one-third of the corn crop. Use appropriately labeled diagrams to answer the following questions. A. The price elasticity of demand for corn is 0.2. What happens to revenues in the market for corn? B. What happens to consumer surplus in the market for corn? C. What happens to producer surplus in the market for wheat

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