My first textbook was published over 30 years ago. At that time students paid $14.95 for the book. That same book is in its ninth edition now and the list price to students is over $300. What happened? It is an interesting story, and if you started in publishing in the last 20 years, you may not know the whole story. When my first book was published, my publisher set the retail price of the book; they told the bookstores what students would pay for the book, and they gave the bookstore a 20% discount on the retail price. A book with a retail price of $20, would sell to the bookstore for a net price of $16. (This is the same as setting the retail price as a 25% mark up above the net price.) But the bookstores were not happy with this arrangement, so they asked the publishers to change to what they called net pricing. With net pricing, the bookstore We have a great program for those students taking college algebra, who are not planning to take engineering calculus. We wrote College Algebra with these students in mind. We want their last math class to be an enjoyable, worthwhile experience. For those students who are under-prepared for the course, we offer College Algebra Bootcamp, a four-week course to get them ready for college algebra. |
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August 2020
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