Week 2 Essay market equilibration The market equilibration process explains what occurs when consumers and sellersmake decisions in an efficient market (McConnell, Brue, & Flynn, 2019).Buyers and se

Week 2 Essay market equilibration The market equilibration process explains what occurs when consumers and sellersmake decisions in an efficient market (McConnell, Brue, & Flynn, 2019).Buyers and se

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The market equilibration process explains what occurs when consumers and sellers
make decisions in an efficient market (McConnell, Brue, & Flynn, 2019).
Buyers and sellers own most of the resources in the market and compete to
obtain what they want. The efficient markets theory speculates that buyers and
sellers are on an even playing field when trading assets and no one has an
advantage over the other to make a profit based on analysis and prediction
(Efficient markets hypothesis, 2019). Possessing an