Emma has started a new business selling homemade bows. Her bows are so loved and demanded by everyone that they have become a normal good. The income elasticity of the demand is 0.3. Emma's current income is 25,000 and she buys fabric for 10,000 and each fabric costs 50 dollars. A) Emma receives the great news that her income has increased to 37500. How much can Emma now spend on fabric? B) Emma decides to raise the price on her homemade bows to 75 causing the own price elasticity of demand to become -0.5. How much can she spend on fabric now