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    Will Bury

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    Please help with the following problems. Include references.

    Explain the economic concepts found in the reading assignment.
    Discuss how the course readings relate to the context of the scenario. Be sure to include citations and references where appropriate.

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    https://brainmass.com/economics/supply-and-demand/economic-concepts-scenario-contexts-260526

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    Explain the economic concepts found in the reading assignment.
    Discuss how the course readings relate to the context of the scenario. Be sure to include citations and references where appropriate

    When Bury is convinced that everyone will be reading or listening to everything digitally, he is talking about the demand for digital books. He feels that digital books will substitute hardcopy books. When he discusses $5 per title royalty, Bury is discussing the costs that he will incur. Ultimately the costs will determine the supply of digital books. When he is talking about his salary he is discussing his income. When he is pondering about the applications of his technology, who will want it ...

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