(Figure: Market for Collectible Toys) Many people purchase toys with the notion that they will appreciate in value over time. Assume the following graph represents the market for collectible toys with initial equilibrium at point A. Sellers will agree to sell at a price of $_____ if the market for collectible toys declines suddenly to D₂ and they are subject to sunk cost fallacy.

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The Answer of (Figure: Market for Collectible Toys) Many people purchase toys with the notion that they will appreciate in value over time. Assume the following graph represents the market for collectible toys with initial equilibrium at point A. Sellers will agree to sell at a price of $_____ if the market for collectible toys declines suddenly to D₂ and they are subject to sunk cost fallacy.

(Figure: Market for Collectible Toys) Many People Purchase Toys with the Notion