Create a paper with 1,050-1,400-word paper in which explain the following: by using APA and at least 3 references.
Describe Economics
Describe Microeconomics
Describe Law of Supply
Describe Law of Demand
Recognize the factors which lead to a change in supply and change in demand.
Examine the basis for trends in consumption patterns. In analysis, consider utility derived from products mentioned in article, explain what has happened to change demand for, or supply of, good or service, and market prices of those products or services.