Date: Fri, 24 Dec 2004 11:01:51 -0500 (EST) From: dicconf <dicconf at radix.net> To: WSFA members <WSFAlist at WSFA.org> Subject: [WSFA] Re: New mass market pb format Reply-To: WSFA members <WSFAlist at WSFA.org> On Fri, 24 Dec 2004 ronkean at juno.com wrote: > On Thu, 23 Dec 2004 00:20:19 -0500 "Ted White" <twhite8 at cox.net> writes: > > > And I'm really confused by your math. You're willing to spend $500 a > > year on books -- but only if they are priced at (or below?) $5.00 > > each. But if their price rises to $8.00 each, you're only willing to > > spend less than one-fifth that, $96, a year for books. And should, > > ghod forbid, the prices rise to $10.00 each, $20 is your annual > > maximum for books. > > I don't think it's a matter of math - rather it's economics. If tuna is > $1 per pound and caviar is $1000 per pound, most people would buy far > more tuna than caviar, and, spend far more money each year on tuna than > on caviar. Probably most people would buy no caviar at all, given those > prices. If the prices were reversed, people would spend much more money > on caviar than on tuna. Or, perhaps, disposable income. Joe Fan is much more likely to have $5 he can afford to blow on a single purchase than $25 or $30. -- Dick Eney