1. The world population has been growing, and incomes have S
increased. Improved seeds, fertilizers, irrigation practices, and how to bem
lo cultivation methods have increased the productivity of farmsteun
around the world. The prices of agricultural products, like the PG
wheat and corn, have fallen over the last 30 years.
the last 30 years. ee
Add a new demand line (D,) and a new supply line (S) on
D
the graph to the right to explain the situation described above.
Q,
Quantity