Quote:
Originally Posted by pwalker8
Neither looks at it from the customer's point of view, Amazon's protestations to the contrary.
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Really? I'm pretty sure that most customers favor the Amazon line, that lower book prices are good for the consumer. Whether that correlates with enough higher volumes to produce the same revenues for the publisher/author is debatable. I suspect that most of Hatchette's revenues come from people who buy fewer than a dozen books a year, in which case the price/demand curve may well be inelastic, as well as their choice of authors/titles.