Please help me figure out how to solve this, I'm having difficulties figuring out how to start and figure out the information.

3'. Using the income elasticity of demand to characterize goods A survey taken by residents from the imaginaryr town of Cardsburgh tells economists that the foliowing changes resultfrom a 1?% rise in income: . A 38% increase in the quantity of clubs demanded . A 5% decrease in the quantity of hearts demanded - A 5% increase in the quantity of chips demanded Compute the income elasticity of demand for each good and use the dropdown menus to compiete the first coiumn in the foiiowing table. Then, based on the income elasticities, ciassify each good as either a normai good or an inferior good. (Hint: Be cansfui to keep track of the direction of change, The sign of the income eiasticity of demand can be positive or negative, and the sign gives important information.) Good Income Elasticity of Demand Normal Good or Inferior Good Clubs ; V Hearts 7 Chips 7 Which of the following thr . is most Iii-(eh:r to be classied as a luxury,' good '? C) Hearts (:3 Clubs C) Chips