Question: According to a study by Oster and Scott-Morton (2004) a magazine like the Economist (or Foreign Affairs) is sold disproportionately on newsstands and when sold

According to a study by Oster and Scott-Morton (2004) a magazine like the Economist (or Foreign Affairs)

is sold disproportionately on newsstands and when sold on the newstand the price is relatively high compared to the subscription price

is sold disproportionately on newsstands and when sold on the newstand the price is relatively low compared to the subscription price

is sold disproportionately by subscription and when sold on the newstand the price is relatively low compared to the subscription price

is sold disproportionately by subscription and when sold on the newstand the price is relatively high compared to the subscription price

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