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Microeconomics and the Law of Supply and Demand Microeconomics and the Laws of Supply and DemandTamara ChannelECO/365September 14, 2015John IlokwuMicroeconomics and the Laws of Supply and Demand Microeconomics and macroeconomics are applicable to various facets in people’s day to day lives. The company, Goodlife, owns several rental apartments in Atlantis. The Supply Demand Simulation and the.