Question
A textbook publisher produces a textbook for $25 per book and sells 160 books to the...
A textbook publisher produces a textbook for $25 per book and sells 160 books to the Campus Bookstore for $50 per unit. The bookstore sells the textbook new for $75 and used for $60. This edition of the book is used for 2 years (4 semesters). The book-store sells all textbooks that it has at the beginning each semester, and it repurchases 50% of those at the end of each semester for $30.
What is the total cost to all parties (publisher, book-store, students) over the life of this 160-unit textbooks?
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