Problem
In 2013, the price of corn fell and some corn farmers switched from growing corn in 2014 to growing soybeans.
a. Does this fact illustrate the law of demand or the law of supply? Explain your answer.
b. Why would a corn farmer grow soybeans?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.