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We have another paper on Market Equilibration Process Paper with
different course description which could be found on this link
Equilibration is the process of moving between two equilibrium
points as a result of some change in supply or demand.
Understanding how market equilibrium is sought following such a
change is essential for business managers. It is important to
understand how economic principles, and specifically supply,
demand, and their determents are a part of your everyday business
decisions.
Write a paper, or create a PowerPoint presentation using a real world
experience in a free market (not government regulated) to describe a
change that occurred in supply or demand as a result of world events
that led to the need for a move between two equilibrium states.
Explain the process of how that movement occurred using behaviors
of consumers and suppliers. Graph the movement between the two
points as well.
Required Elements:
Include academic research to support your ideas
Consider the Law of demand and the determinants of demand
Consider the Law of supply and the determinants of supply
Describe Efficient markets theory
Explain Surplus and shortage
Deliver the content in no more than a 700-word paper, OR 7- to 10slide Microsoft PowerPoint presentation (Please choose one of these
choices, not both)
Use University of Phoenix Material: Appendix A to create graphs
illustrating the movement between the two equilibrium points and
include this in the body of the assignment.