A new fertilizer which greatly improves the corn crop yield is being widely used by corn farmers. You accurately predict that this
◦ will shift the supply curve of corn to the right, the equilibrium price of corn will increase, and the demand for corn will fall.
◦ will shift the supply curve of corn to the right, the equilibrium price of corn will decrease, and the quantity demanded of corn will increase.
◦ will shift the supply curve of corn to the left, the equilibrium price of corn will increase, and the quantity demanded of corn will decrease.
◦ will shift the supply curve of corn to the left, the equilibrium price of corn will increase, and the demand for corn will fall.