Suppose consumer income increases. If grass seed is a normal good, the equilibrium price of grass seed will Select one: a. increase, and producer surplus in the industry will increase. O b. decrease,...

Extracted text: Suppose consumer income increases. If grass seed is a normal good, the equilibrium price of grass seed will Select one: a. increase, and producer surplus in the industry will increase. O b. decrease, and producer surplus in the industry will increase. increase, and producer surplus in the industry will decrease. O d. decrease, and producer surplus in the industry will decrease.