Monday, December 19, 2011

Supply and Demand

I went to buy a book yesterday, and was surprised to find the e-reader version was $20 but the actual physical paper book was only $10. The e-version doesn't need any human interaction - I pay for it, I have it transferred to my reading device and I start reading. A paper book involved paper, ink, printing, binding, transportation, etc and it's only half the price? You can read more here.

I guess that's how the music industry went - do music stores still exist? Can you still buy CDs?

Interesting lesson in business and economics don't you think?


Teena in Toronto said...

I borrow ebooks from the library or download the free ones from the Kobo and Chapters sites so haven't actually bought one yet.

I haven't bought a CD in years.

My Little Corner said...

Thanks Teena, our library doesn't have that but I'll check Chapters. I'm reading on my iPad so the Kobo site won't help me too much.