Market Equilibration Process Paper

objectives:1.2 

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 ideasConsider the Law of demand and the determinants of
demandConsider the Law of supply and the determinants of
supplyDescribe Efficient markets theoryExplain Surplus and shortageDeliver the content in no more than a 700-word paper,
OR  7- to 10-slide Microsoft PowerPoint presentation
(Please choose one of these choices, not both)Your assignment is consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.
 
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