Yes. Pretty much EVERYTHING does more damage than the fist.
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* = string & = stick ^ = feather # = flint bow * & * & * & arrow # & ^ For more crafting. go to minecraft crafting.net
give it more power when you hit a mob with the bow not the arrow
Yes. Better types of armour will absorb more damage from each hit you take.
It adds more damage. You'll see a couple particles flying from your sword when you hit the opposing mob - that is the sharpness kicking in. The higher the sharpness level, the higher the damage.
Yes. If the silverfish is touching you, and either it or you change Y-coordinates, it does 1 point of damage. Of course, a swarm is more likely to cause a lot of damage than a lone silverfish.