ECO/561 ECO 561 ECO561 Week 2 Individual Assignment Market Equilibration Process Paper A+ & Original Guaranteed!Equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand. Understanding how market equilibrium is sought following such a change is essential for business managers. It is important to understand how economic principles and specifically supply demand and their determents are a part of your everyday business decisions.Write a paper or create a PowerPoint presentation 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. Explain the process of how that movement occurred using behaviors of consumers and suppliers. Graph the movement between the two points as well. RequiredElements:Clickthe Assignment Files tab to submit your assignment.