Question: Using supply and demand curves, show the effect of each of the following events on the market for wheat. a. The midwestern United States (a

Using supply and demand curves, show the effect of each of the following events on the market for wheat.
a. The midwestern United States (a major wheat-producing area) suffers a flood.
b. The price of corn decreases (assume that many farmers can grow either corn or wheat).
c. The Midwest has great weather.
d. The price of fertilizer declines.
e. More individuals start growing wheat.

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