A certain group of farmers can choose to plant either soybeans or wheat, but not both. Suppose there is a sudden increase in the demand for soybeans. Describe what will happen in the markets for soybeans and wheat, making sure to include a description of what happens to the price of each good as well as the supply or quantity supplied (as appropriate) for each good. Make sure to use the right economic terminology to describe the outcome.

How did the southeast asia treaty organization (seato) carry out the united states policy on containment? a. seato promoted the creation of united nation military bases to create regional defense. b. seato founded an organization seeking to educate southeastern asian countries on communism. c. seato established a regional economic union to promote monetary security. d. seato sought to provide regional security in southeast asia by establishing alliances.