What's New x Howdy Quizzes 2 masso Unauthorized x + canvas.tamu.edu/courses/283262/external_tools/retrieve?display-full_width&url=https%3A%2F%2Ftexasam.quiz-lti-pdx-prod.instructure.com%2Fit... + G E Study Island My Drive-Google... Outlook M Gmail YouTube AM Maps MyBlinn Translate M Reading Mode: Su... Home-OneDrive 01:14:07 Time Remaining P C Return Submit S.D.2-A student in AGEC 314 answered the following question as shown below in the graph. Is their response correct? If not, discuss how they should have responded to the question. "Recently, the rising popularity of high protein diets in developed countries had reduced the demand for wheat (because consumers purchase fewer products made from wheat, like bread), but simultaneously the supply of wheat has increased in the long-run due to advances in technology, such as Round-Up Ready wheat, which makes wheat cheaper to produce. How will the price and quantity of wheat respond to such shifts in diet and technology?" 1 10 points P 28 > O & 1 2 3 4 5 6 7 P. 8 9 10 11 12 esc D2 D S Q, Q S.D.2 Supply curve shifts left (inward) Demand curve shifts right (outward) F1 F2 80 Q Q C F3 F5 @ # $ 3 4 ! 1 2 NO 575 66 & 7 DD DII DD A 3 F7 F8 F9 F10 F11 F12 Q W E R T Y U tab s lock ntrol * 0 ~ 8 9 - O P { [ = A S D F G : 11 H J K L i option N X command C > < B N M - 0 command option } 1 delete