Select the type of elasticity that each of the following quotations represents. For instance if you believe that for the first quote the correct match is 1, then select the number 1 in the drop box.HIGHEST price elasticity of demand (3). Assume elasticity is in absolute value figures. For each item, just select your number choice in the drop box Bell long distance phone services in 1981 Bell long distance phone services in 2021 Bell long distance phone services in 2001\fOrder the following three items from the LOWEST income elasticity of demand (1) to the HIGHEST income elasticity of demand (3). For each item, just select your number choice in the drop box Exotic vacation Laptops HamburgersSelect one of either: Consumer Surplus or Producer Surplus, or Deadweight loss that best matches each of the following statements. For instance if you believe that for the first statement, the correct match is 1, then select the number 1 in the drop box. "I was willing to pay $3 for my Tim Horton's large coffee, but I only had to pay $2.' 1. Consumer Surplus "The imposition of a government V tax on goods has resulted in 2. Producer Surplus market inefficiency." 3. Deadweight loss "It cost Tim Horton's $0.5 to make a large cup of coffee, but they sell it for $2"A business can use income elasticity to forecast the effect of changing economic conditions and consumer incomes on their sales. Assume the economy goes into a recession and consumer incomes fall. Order the following three goods based on which is most likely to experience the HIGHEST drop in sales (1) to the LOWEST drop in sales (3). For each item, just select your number choice in the drop box. Steaks Vacations Kraft dinner