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Figure: Shifts in Demand and Supply III
-(Figure: Shifts in Demand and Supply III) Look at the figure Shifts in Demand and Supply III. The figure shows how supply and demand might shift in response to specific events. Suppose a wet and sunny year increases the nation's corn crop by 20 percent. Which panel BEST describes how this will affect the market for corn?
Intelligence
The ability to learn, understand, and apply knowledge, problem solve, and adapt to new situations.
Genetic Inheritance
The process through which genes and traits are passed down from parents to their offspring.
Creativity
The ability to produce original and valuable ideas or objects; involves thinking or approaching problems in novel ways.
Novel Ideas
New, original, and unique concepts or thoughts that have not been previously considered.
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