What will happen to the equilibrium price of new textbooks if more

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What will happen to the equilibrium price of new textbooks if more students attended college, paper becomes cheaper, textbook authors accept lower royalties, and fewer used textbooks are sold?

tyh24647 · Accepted Answer

The price change will be ambiguous

What will happen to the equilibrium price of new textbooks if more students attended college, paper becomes cheaper, textbook authors accept lower royalties, and fewer used textbooks are sold?

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What will happen to the equilibrium price of new textbooks if more students attended college, paper becomes cheaper, textbook authors accept lower royalties, and fewer used textbooks are sold?

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