1. The table below contains information about the corn market. Use it to answer the following questions:

Price Per Bushel	Quantity Demanded (bushels)	Quantity Supplied (bushels)
$3	30,000	0
$6	26,000	4,000
$9	22,000	9,000
$12	18,000	12,000
$15	15,000	15,000
$18	12,000	22,000
$21	8,000	28,000
$24	4,000	36,000

For each of the below, indicate if the curve in question would shift to the left, to the right, or not at all. Assume perfect competition, and that other than the change listed everything else remains the same (i.e. ceteris paribus).

• How would the DEMAND CURVE shift if there was:

1. A decrease in income and the good is a normal good
2. An increase in the price of a substitute good
3. An increase in population
4. A decrease in the taste for the good
5. An increase in the price of a complimentary good

• How would the SUPPLY CURVE shift if there was:

1. An increase in the number of firms in the market
2. An increase in the current price of the product
3. A decrease in productivity
4. An increase in the expected future price of a product
5. A decrease in the price of an input