Student - Byui.MyByui X Econ Principles & Problems | X Application Activity - Perfect X C Post a new question x Barley Equilibrium Point X + V -) C newconnect.mheducation.com M Gmail YouTube BYU-IDAHO V Maps Student - Byui.MyB. connect Help Close Micro- Perfect Competition Return to Activity Score production just as you'd expect. Com Market: Low Price Low Price Four Options James' Costs Materials Low Price Four Options Kim Market for Corn Huh - interesting. James, what does this Supply 6.00 development mean for the corn market? Is demand or supply affected? Is it an 5.00 increase or a decrease? Let's take a look 4.00 at the market for corn: rice 3.00 Kim 2.00 If the market price for barley has increased and farmers can produce barley or corn, 1.00 Demand which point most likely represents the new equilibrium? 0.00 10 20 30 40 50 60 70 80 90 100 110 Quantity (in millions) Point B Point A Point C Point D Submit