If cigarettes are an inferior good, then a rise in consumer income will: Question 7 options: Shift the supply of cigarettes in and to the left, raising the equilibrium price and quantity of cigarettes. Shift the demand for cigarettes in and to the left, raising the equilibrium price of cigarettes, but lowering the equilibrium price. Shift the supply of cigarettes in and to the left, increasing the equilibrium price of cigarettes, but lowering the equilibrium quantity. Shift the demand for cigarettes in and to the left, lowering the equilibrium price and quantity of cigarettes. Shift the supply of cigarettes out and to right, increasing the equilibrium price of cigarettes but decreasing the equilibrium quantity