Use the following to answer questions:
Figure: Shifts in Demand and Supply III 
-(Figure: Shifts in Demand and Supply III) Use 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%.Which panel BEST describes how this will affect the market for corn?
Definitions:
Mortgage Loans
Loans secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty.
Corporate Profits
Corporate profits refer to the earnings of corporations after expenses and taxes have been deducted from revenues.
Labor Unions
Organizations formed by workers from related fields that work towards protecting their collective interests in terms of wages, working hours, and working conditions.
Rent
A regular payment made by a tenant to an owner for the use of the owner’s building, land, or other property.
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