Concepts of the market equilibrating process

Reference no: EM1374116

As a manager, it is important to understand how economic ideology, and specifically supply and demand, are a part of your everyday business decisions. Relate the concepts of the market equilibrating process to a real world experience occurring in a free market.

Law of demand and determinants of demand
Law of supply and the determinants of supply
Efficient Market Theory
Surplus and shortage

Please use at least two academic research references.

Reference no: EM1374116

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