1. Evaluate whether the supply curve of durian farms is price elastic or inelastic. Explain your answer by using an economic reason and graphs.

2. Evaluate whether the demand curve of durians consumers is price elastic or inelastic. Explain your answer by using an economic reason and graphs.

3. Based on your answer in the above question regarding price elasticity of demand for durians, predict whether a price discount by a durian supplier will increase or decrease its profit.