Question 2 (5 Marks) For the following questions give the correct answer. a. Economists assume that all the relevant variables except those being studied at that moment are held constant. What is this is referred to? b. How many steps are involved in analyzing market equilibrium? c. According to Adam Smith, allocation of resources is done through what mechanism? d. Golf balls and golf clubs are examples of? e. The study of who bears the burden of taxation is called?