Read Richard Meyer's
article on "Identifying Over-Priced Journals" that appeared in the July 15, 1996 issue of the
Newsletter on Serials Pricing Issues.
Questions- Is the author correct when he states that price will equal marginal cost in a perfectly competitive market?
- How convincing is the author's case that the market for professional journals is "sufficiently competitive"? Is it likely that the journal supplier is a "price-taker"?
