*Suppose that the development of a new drought-resistant hybrid seed corn leads to a 50 percent increase in the average yield per acre without increasing the cost to the farmers who use the new technology. If the producers in the corn production industry were price takers, what would happen to the following?

a. the price of corn

b. the protability of corn farmers who quickly adopt the new technology

c. the protability of corn farmers who are slow to adopt the new technology

d. the price of soybeans, a substitute product for corn