Could you please answer me the questions, thanks much. Could you please answer me the following questions,

Could you please answer me the questions, thanks much.

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Could you please answer me the following questions, these are from Microeconomics, thanks so so much. 1.Using the concept of elasticity including elasticity of demand, elasticity of supply, cross- elasticity, and income elasticity discussed in the course materials, explain how the decisions of households and firms are influenced by the different types of elasticity. Provide an example of your own household or work experience. 2.Explain how income elasticity affects a normal good versus an inferior good? Provide a real-world example. 3.Explain how the diamond-water paradox can be resolved? Provide a real-world example. Could you please answer me the following questions, these are from Microeconomics, thanks so so much. 1.Using the concept of elasticity including elasticity of demand, elasticity of supply, cross- elasticity, and income elasticity discussed in the course materials, explain how the decisions of households and firms are influenced by the different types of elasticity. Provide an example of your own household or work experience. 2.Explain how income elasticity affects a normal good versus an inferior good? Provide a real-world example. 3.Explain how the diamond-water paradox can be resolved? Provide a real-world example.