Asked by Zio
                Author are typically paid a royality which is a fixed percentage of revenue; a common figure 10% of sales revenue. Show that the price desired by an author is always less than the price desired by a profit maximising publisher. What is the elasticity of demand at the price desired by the author?
            
            
        Answers
                    Answered by
            economyst
            
    See my later post
    
                                                    There are no AI answers yet. The ability to request AI answers is coming soon!
                                            
                Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.