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    Free Market: Interaction of the Law of Supply and Demand

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    I need assistance writing a paper, 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. Explaining 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 900-word paper
    Use Apendix A to create graphs illustrating the movement between the two equilibrium points and include this in the body of the assignment.
    APA guidelines.

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    https://brainmass.com/economics/elasticity/free-market-interaction-of-the-law-of-supply-and-demand-589376

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    Solution Summary

    This solution of 1,016 words explores the changes of the law of supply of supply and demand for rice in Asian countries as a result of world events the led to the need for a move between two equilibrium states. Graphs, explanations and references are included.

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