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Business, 23.11.2019 02:31 bryneosburn

Suppose consumer income increases. if grass seed is a normal good, the equilibrium price of grass seed will a. decrease, and producer surplus in the industry will decrease. b. increase, and producer surplus in the industry will increase. c. decrease, and producer surplus in the industry will increase. d. increase, and producer surplus in the industry will decrease.

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Suppose consumer income increases. if grass seed is a normal good, the equilibrium price of grass se...
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