In the following case use verbal and graphical analysis to demonstrate the outcome.

What will happen in the market for corn if a new crop rotation technique is discovered that allows corn to be grown more easily and the price of green beans, a substitute, decreases?

Price Supply and Demand Graph 10 4 Initial Supply Initial Demand New Supply New Demand Initial Equilibrium (A) New Equilibrium (B) Final Equilibrium (C) 20 60 Quantity 80 120