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In 2012, the association of american publishers according that digital books were outselling handed-down books, providing grounds that ebooks ar becoming popular.
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What are the factors that influence the demand for e-books?
The supply curve shifts as a consequence of changes in costs of input, new technology or an increase/decrease in the number of suppliers (McDowell, et al., 2009). To be more specific, factors that influence the e-books demand are technology, cost, user friendliness, and privacy (Carreiro, 2010).
What is another change in the publishing industry?
The introduction of online newspapers is another change in the publishing industry. Most of the newspapers, local and national, offer nowadays both a traditional printed and an online newspaper.
What is a positive effect of the use of e-books?
A positive effect with the use of eBooks is that people do not need to travel to a bookstore to get a copy of the book (Gómez-Borbón, n.d.). EBooks are less hassle to obtain compared to printed books, since the press of a button on a gadget to download the file is more preferable than having to go out and spend to reach to a bookstore.
How does the substitution effect affect the printing industry?
The decrease in the demand of traditional printing can be explained by the substitution effect which is discussed in section 4. 4. Substitution and complementary effects
Last Update: Oct 2021
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