Problem:
I want to perpare a paper with 1,050-1,400-word paper in which I want to discuss the following:Using APA and at least 3 references./
Q1. Define Economics
Q2. Define Microeconomics
Q3. Define Law of Supply
Q4. Define Law of Demand
Q5. Identify the factors that lead to a change in supply and a change in demand
Q6. Analyze the basis for the trends in consumption patterns as discussed in the article. In your analysis, consider the utility derived from the products mentioned in the article, describe what has occurred to change the demand for, or the supply of, the good or service, and market prices of those products or services.