example should relate to the topic

Officials to look into ceiling price of cooking oil June 12, 2021, 9:11 PM PETALING JAYA: Government officials are conducting a study to set a ceiling price for 5kg bottled cooking oil based on the current market price, according to Rosol Wahid, deputy domestic trade and consumer affairs minister. "Meetings will be held on how to overcome this problem (increase in cooking oil prices)," he said, adding that a decision was expected to be made at the meeting. He said cooking oil had experienced a price increase because of rising prices of crude palm oil. "I assure you that the government is working hard to ensure that people are not affected by the Covid-19 situation," he said, Bernama reported. Source: https://www.freemalaysiatoday.com/categoryation/2021/06/12/officials-to- look-into-ceiling-price-of-cooking-oil/ 1. Based on the article above, illustrate and explain price ceiling on cooking oil. Illustrate and explain the effects of the shift of demand and supply after the imposed of price ceiling. Illustrate and explain TWO (2) factors of price elasticity of demand for cooking oil. Explain TWO (2) intervention from government to overcome the effects resulting from the price control. Elaborate your answer with examples and diagrams. (20 marks)