QUESTION 3 (30 points) Lindsay has $250 dollars a month to spend on goods x and y and her utility from consuming these goods is measured by u(x, y) = min[2x, 3y}. She pays px and py for goods x and y, respectively. A. What type of goods is her utility function representing? Give one example. B. By which proportion does she consume goods x and y? C. Find the demand function for each good. (Hint: Because her utility is measured by the minimum value between 2x and 3y, and she consumes one good as a fixed proportion of the other, you need to set these terms equal and use the budget constraint to solve for the optimal x and y). D. Calculate the price elasticity of demand for both goods. E. Calculate the income elasticity for both goods