1.Explain the difference between "inelastic demand" and "unitary elasticity of demand"

2.State three reasons why the demand curve slopes downwards

3.Explain five factors that demand the price elasticity of supply of a commodity

4.Enumerate six factors that could lead to a rightward shift of the supply curve

5.Explain the term "price control " as used in economy

6.Highlight eight reasons for price control in an economy

7.A)explain the term elasticity of supply

b) summarize three applications of elasticity of supply in an economic decision making

8.Differentiate between partial equilibrium analysis and general equilibrium analysis as used in economics

9.Differentiate between giffen good and 'inferior good'

10.With reference to demand and supply analysis identify six effects of fixingthe maximum price of a commodity below the equilibrium price