Beef has a positive income elasticity in Algeria. What would happen in the Algerian beef market if an economic recovery increased incomes?
a. Demand would shift out (or shift up/right), price would increase, and quantity would increase
b. Demand would shift out (or shift up/right), price would decrease, and quantity would increase
c. Demand would shift in (or shift down/left), price would decrease, and quantity would decrease
d. Demand would shift in (or shift down/left), price would increase, and quantity would decrease