Consider the preferred prices of the author and the publisher of an electronic book, whose marginal cost

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Consider the preferred prices of the author and the publisher of an electronic book, whose marginal cost of production is close to zero. Would the two disagree about the price to be charged for the book?

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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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Question Posted: Mar 18, 2016 04:47 AM

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Consider the preferred prices of the author and the publisher of an electronic book, whose marginal cost

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They would prefer the same price if the marginal cost of production is zero An authors income from a ...View the full answer

Microeconomics

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