Explain the significance of demand and microeconomics, Microeconomics

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Explain the significance of demand and microeconomics

Problem

Explain the significance of demand, microeconomics, market economy, demand schedule, demand curve, Law of Demand, market demand curve, marginal utility, and diminishing marginal utility.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain the significance of demand and microeconomics

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