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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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    https://brainmass.com/economics/general-equilibrium/laws-demand-supply-determinants-efficient-markets-surplus-shortage-376675

    Solution Summary

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

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