QUESTION 19 Table 4.5 Year 1 Year 2 Year 3 Year 4 Price $2 $3 $4 $4 Quantity 1,000,000 200,000 1,000,000 2,000,000 In the table given below, which of the following statements is true of the market for corn? O a. Between Year 3 and Year 4, both the supply and demand for corn must have increased by the same amount. O b. In Year 1, the corn market was not in equilibrium. O c. In Year 1, there was an excess supply of corn in the economy. O d. The weather for corn production was probably better in Year 3 than in Year 2. O e. Between Year 2 and Year 3, the demand for corn decreased