Originally Posted by ottdmk
The ability to lend is *not* part of the price calculation of books. It may be part of your perceived value, but when publishers decide how much to charge, it's not part of the formula.
Part of any price calculation on the part of a vendor is what its customers will pay for something. Which explains Apple's iWhatever pricing.
Used physical books can be read, loaned, and sold to used books stores for approx 1/4 of their cover price. They can even be donated to libraries...