13. Suppose you know that incomes in the US have increased but that most of this increase occurred in the Midwestern part of the US. Based on this information alone, what would you expect has been happening to equilibrium prices and quantities sold of new cars in the Midwest during this period of increasing incomes.

Equilibrium prices have probably been rising and quantities falling since supply of new cars is probably inelastic.
Equilibrium prices have probably been rising and quantities falling since demand for new cars is probably price and income inelastic.
Equilibrium prices have probably been rising and quantities increasing since income elasticity of demand for new cars is probably positive and greater than one.
Equilibrium prices have probably been falling and quantities increasing since income elasticity of demand for new cars is probably negative.
Equilibrium prices have probably been falling and quantities falling since cross price elasticity of demand for new cars with respect to income is probably negative.