Final answer:
True, the supply of corn as defined by economists refers to the number of bushels farmers are willing to bring to the market, which includes the intention to sell under specific conditions.
Step-by-step explanation:
Supply in economics does not just mean the physical presence of the commodity but includes the intent to sell the item under specific conditions. Therefore, the amount of corn that farmers make available for sale, which could be quantified in bushels, is indeed an accurate description of the supply of corn. The concept of supply is foundational in understanding how markets work, as economists study the relationship between the price of a good and how much of it is made available by producers. For example, an increase in corn acreage resulting from converging prices and other factors such as resources and technology changes the supply of corn. This adjustment in production can result in more bushels of corn being available on the market, affecting the overall supply.