Problem $3.(10$ point$)$For which of the following goods is a price increase likely to lead to a substantial income$($as well as substitution$)$ effect? Explain for each a to d$,$ how would be the income and substitution effects and which has the highest and lowest or zero effect.a$.$ Saltb. Housingc. Theater TicketsMicroeconomics $|($UGBA $101)$d$.$ Food