The price of used paper was quite high during the oil shocks in the 1970s, but after
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The price of used paper was quite high during the oil shocks in the 1970s, but after that it sharply fell. In another scenario, recycling magazine paper could cost close to nil, while in other cases, one would pay to have used paper collected through inverse onerous contracts. Explain why and how the price of used paper can have such ups and downs in this way.
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