I need help with the Two questions below:

1.I needtofinding out the answers to the question below regarding (xbox console)

Whether demand is elastic or inelastic and why? Example

Whether the product is a normal or inferior good and why?Example

2.I need toIdentify a product sold in a competitive market(Any product)

Provide support (explanation and link, if necessary) for each of the three characteristics of a perfectly competitive market:(Many firms,Standardized product, andFree entry/exit)