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:
Net Operating Income
Earnings resulting from the standard operations of a business, without considering taxes and interest expenses.
Variable Cost
Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor costs.
Advertising Spending
The total amount of money that is allocated towards advertising products or services in various media outlets.
Margin Of Safety
The difference between actual or projected sales and the break-even point, indicating the degree of risk associated with falling sales.
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