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. What price will the sellers agree to if the market for collectible toys declines suddenly to D2 and they are subject to sunk cost fallacy? Explain. 
Definitions:
Financial Matters
Issues or situations concerning the management, investment, and expenditure of money and financial resources.
Delay Marriage
The choice or circumstance of postponing marriage until later in life, often for personal, financial, or career reasons.
Cohabitation Effect
A theory that suggests couples who live together before marriage are more likely to experience marital difficulties and divorce.
Domestic Violence
A pattern of behavior in any relationship that is used to gain or maintain power and control over an intimate partner.
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