Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply, price and quantity. In the academic year 2020/21 the university of the west indies mandates that all students must take Principle of Economics as a core requirement for  their majors. The University Bookshop made their order for Principle of Economics textbooks based on the number of regsitered students in the academy year.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter3: Demand, Supply, And The Market Process
Section: Chapter Questions
Problem 3CQ
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Carefully explain what is happening in the following markets. Indicate the impact if any on demand, supply, price and quantity.

In the academic year 2020/21 the university of the west indies mandates that all students must take Principle of Economics as a core requirement for  their majors. The University Bookshop made their order for Principle of Economics textbooks based on the number of regsitered students in the academy year.

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