The quantity of wheat will rise.
How could the cost of maize impact the availability of wheat?
Wheat and corn can be used as substitutes. In the event that corn prices drop, consumers will purchase less wheat and more corn. As a result, there will be less wheat available.
What does a demand increase mean?
A rise in demand indicates that consumers intend to buy more of the product at all cost ranges.
How are demand and supply related?
A basic tenet of economics is that when there is a surplus of an item or service above what is needed, prices will decline. Prices usually rise when supply is insufficient to meet demand. When demand is constant, the connection between supply and prices of products and services is inverse.
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