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Hot, dry weather reduces the wheat harvest. Which curve is affected? [ Select ] [supply, demand, neither] Which way will the curve shift? [ Select

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Hot, dry weather reduces the wheat harvest. Which curve is affected? [ Select ] ["supply", "demand", "neither"] Which way will the curve shift? [ Select ] ["right", "left", "will not shift"] The new price will be [ Select ] ["higher", "lower", "not changed"]

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Thousands Price Thousand of bushels per of bushels demanded bushel supplied 86 $3.40 65 83 3.70 67 80 4.00 69 77 4.30 72 74 4.60 74 71 4.90 76 Suppose the total demand for wheat and the total supply of wheat per month in the Kansas City grain market is shown in the schedule above

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