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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
Why does a new hardcover Stephen King novel have a higher price than the paperback edition?
A) It costs more to produce.
B) The elasticity of demand differs.
C) The publisher is more greedy when marketing the hardcover edition.
D) The publisher is a price searcher on the hardcover editions and a price taker on the paperback editions.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 523 times
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SmooothSmoooth
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Top Poster
Posts: 5500
8 years ago
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Sublight2097 Author
wrote...
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
8 years ago
You're welcome Happy Dummy
wrote...
3 years ago
thank you
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