BUSSlD4IJ Tutorial 3 Week 4 1. Other things being equal, explain the effect each of the following situations will have on either the demand or supply of corn. Use diagrams to explain your answers. a) Corn is now considered by doctors to be the healthiest vegetable. b) There is a decline in the amount of land used to grow corn. c} Producers expect the price of corn to fall in the future. d) The price of peas, a substitute for corn. goes up. e) Corn is a normal good and incomes fall. f] The price of fertiliser rises