Louisiana State University, Shreveport ECON ECON 705 2. A book that sounds just perfect for me, Kate Raworth’s Doughnut…

Louisiana State University, Shreveport ECON ECON 705 2. A book that sounds just perfect for me, Kate Raworth’s Doughnut…

2.         A book that sounds just perfect for me, Kate Raworth’s Doughnut Economics is available on Amazon for $50 for the hardback and $14.67 for paperback. From the publisher’s perspective, the difference in the cost between each version of the book seems negligible; it may cost a little bit more to produce the hard cover, but certainly not more than three times as much. Hardback versions usually also get published a few months before paperback versions are published.

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a. How do you explain the different prices for essentially the same product, given that the cost to the publisher of providing each type of book is basically the same?

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