Quote:
Originally Posted by SameOldStory
I'm buying, and reading, much more than ever because of the lower prices. In total, I would say that I'm spending more money than before too.
It makes me wonder how much better off they'd be if their prices were lower.
Sell 10,000 ebooks at $14 each = $140,000
Sell 20,000 ebooks at $10 each = $200,000
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Doesn't that depend how much profit they're making per book? If the book is costing them $11, then:
Sell 10,000 ebooks at $14 each = $30,000 profit
Sell 20,000 ebooks at $10 each = $20,000 loss
I'm not suggesting that it does cost $11, of course, but there's more to it than you suggest.