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Old 05-15-2012, 08:30 AM   #52
MikeB1972
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Quote:
Originally Posted by miguel1626 View Post
When it comes to our favorite authors (and best-selling authors are always someone's favorite authors), most people demand curves have a price elasticity < 1. Even if Stephen King's books were to double in price overnight, his total sales wouldn't fall in half.
I know, thats why I said new first time authors (i.e. people who are having their first book published).
If everyone was dead set against agency prices any book by a new author that an agency publisher brought out recently should have completely tanked.
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