Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply, price and quantity: (a) In Academic year 2020/21, the University of the West Indies mandates that all students must take Principles of Economics as a core requirement for their majors. Concurrently, The University Bookshop made their order for Principles of Economics textbook based on the number of registered students in the last academic year (2019/20).

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