2) Use the following pair of graphs, which illustrate the market for corn (which is used to produce combased ethanol) and a representative rm, to answer the following questions. QM Quantity Figure 7.1 a. Assunle policymakers pass a law requiring that all gas sold in the United States contain at least 10 percent cornbased ethanol (ie the demand for corn will increase). In the graphs above, illustrate the shortrun effects of this law. In particular, show how the law would offpri