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Laws of Demand and Supply, Determinants, and Efficient Markets

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Please assist me by explaining the concepts of the Market Equilibrating Process and how it relates to prior real world experience.
â?¢ Explain the market equilibrating process in relation to your experience. Include academic research to support your ideas.

â?¢ Explain following components in your explanation:

Law of demand and the determinants of demand
Law of supply and the determinants of supply
Efficient markets theory
Surplus and shortage

â?¢ Include graph illustration of the equilibrating process in price relation to the shift in supply and demand.

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Solution Summary

This solution thoroughly exemplifies the Market Equilibrating Process and how it relates to prior real world experience.

Solution provided by:
  • MBA, Indian Institute of Finance
  • Bsc, Madras University
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