If tortilla chips are a normal good,when there is an increase in income,equilibrium price _____ and equilibrium quantity _____.

A) decreases;increases.
B) decreases;decreases.
C) increases;increases.
D) increases;decreases.

Income

The financial gain received from labor, capital, or the management of assets, usually measured over a certain period of time.

Tortilla Chips

A type of snack food made from corn tortillas cut into wedges and then fried or baked.

Equilibrium Price

The price at which the quantity of goods or services supplied is equal to the quantity demanded, leading to market balance.