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I think the OP is asking, "Why doesn't the publishing industry price and format ebooks the way us cool techie hipsters think should be priced and formatted?"
In my experience, ebooks are on average cheaper than pbooks. Heck, you could build a very good library of 1000 ebooks and not pay a dime. Try doing that with pbooks.
If you are focused on buying bestselling nonfiction and fiction, ebooks could be expensive -though less expensive than buying the same in dead-tree books. Cast your net a little wider and be patient in looking for discounts and you would be surprised at how well you can do.
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