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.
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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