why does the digital book cost as much as the physical one?

Question

Like for real, it makes NO sense at all

In: Economics

Answer 1

The vast majority of the cost of the book is the cost of the author’s time in writing the book, the time of the publisher’s editors/fact checkers, etc., the cost to market the book. The physical paper costs are negligible vs. the cost of the book. A book might cost $20 and the paper, cover cost $1-$2.