Module 7 - Watch this 4.5 min video on Elastic vs. InElastic Demand. a) Go on a treasure hunt in your home.

-List5 items that you believe areprice elastic. - List 5 items that you believe are price inelastic.

b) Using the video, explain your choices items you deem price elastic or price inelastic. c) Explain whenany of the items identified above can move to the other category over a period of time. d) Self-reflection: How will learning about elastic and inelastic goods/services affect your consumption and personal expenditure going forward? Do explain.

Use examples of goods identified that are unique from your teammates.

Module 14 - a) View the online video, "Renewable Energy 101"

Yes, the video is dated, but the discussion is ongoing with no definitive outcome. Thus, comment on which alternative energy do YOU think will replace gasoline post-COVID-19 pandemic. Why?

b) Read the impact on the oil/energy industry due to COVID-19. - Explain TWO takeaways you had from this article and you own personal experience during the mid-March 2020 up to Dec 2020 nationwide lock-down. c) Given that our dependence on gasoline is huge and with U.S.in the shale oil market, - why do you think there is still strong resistanceto spending more time and money in planning, researching and/or adopting another energy source? - Is this resistance to new energy sources sustainablegoing forward? Why or why not? d) Review the chart from the article "Russia's War on Ukraine". - Explain ONE takeaways you had from this article about the response by EU countries to cut down their reliance on importing gas from Russia.