Please explain it detailed

State whether the following statements are true of false. If your answer if false, please explain why and correct the sentence. a. Demand is more inelastic for an item which is a luxury as compared to an item which is a necessity. b. The demand for gasoline is likely to be more inelastic than the demand for sushi. c. A negative income elasticity value indicates that the good is a normal good. d. Inferior goods will experience increasing demand when incomes increase. e. Normal goods will experience decreasing demand when incomes decrease. f. If government officials are mainly interested in generating tax revenue, then they should tax goods for which demand is price inelastic. g. Price elasticity of demand tends to the more elastic in the short term, and becomes more inelastic as time passes. h. If a firm has a lot of unused capacity, its elasticity of supply will be relatively low. i. If a firm is able to store high levels of stock of its product, then the price elasticity of supply for the product will be relatively low