Solved

E-Books With the Explosive Growth of Electronic Book, or E-Book, Readers

question 7

Multiple Choice

E-Books
With the explosive growth of electronic book, or e-book, readers like Amazon's Kindle and Barnes & Noble's Nook and even smart phones like the iPhone and BlackBerry devices, book pricing is becoming a significant concern for book publishers. Digital book sales have grown exponentially from almost non-existent in 2002 to more than $120 million in 2009. While these sales are still small compared to industry sales, they are expected to grow even more in the coming years due to the plethora of e-book readers coming on the market. This creates a dilemma for publishers, though, because the average price of a hardcover book, which is the bread-and-butter of publishers' profits, is $27.00, whereas the price of an e-book is $9.99. To protect profits, some publishers, like Simon & Schuster, are delaying the electronic editions by four months. Other publishers are following suit, claiming consumers will not buy the hardcover at $27.00 if they can purchase it at a much lower price electronically.
-Refer to E-Books. If the $27.00 price of a new release came about because two or more publishers agreed on the same price they charge book resellers for the books,they would be participating in which type of illegal pricing activity?

Analyze critiques of Elisabeth Kübler-Ross's stages of dying and their impact on the understanding of grief.

Understand the concepts and calculations related to unemployment rates.

Understand the concept of the misery index and how it is calculated.

Calculate the real rate of interest based on nominal interest rates and inflation.

Definitions:

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time, often leading to an alteration in one's beliefs to reduce the discomfort.

Jetta

A compact car model produced by the German automobile manufacturer Volkswagen.

Anger-Frustration

An emotional response triggered by perceived opposition, threats, or injustice, leading to feelings of irritability and displeasure.

Attitude Toward

An individual's positive or negative feelings, beliefs, and predispositions towards an object, person, or issue.