A significant amount of the acquisition budget of a typical university library is spent on subscriptions to scholarly journals. ββββ βββ ββββ βββββββ ββββββ βββ βββββββ ββββββββββββ ββββ β βββββββ ββββ βββ ββββ β βββββββ βββ βββββββββ βββββββββββββ ββββ ββββββ βββ βββββ ββ ββββββββββ β βββββββββ βββββββ ββββ ββββββββ ββββββ βββββββββ ββββββββββ βββββ ββ ββββ βββββ ββββββββββ β βββββββββ βββββββ ββββ ββ ββββ ββββ ββββββββββ βββ ββββ ββ βββ βββββββ βββββ ββββ
The author argues that publishing scholarly journals is likely much more profitable now than in the past. She supports this by pointing out that university libraries are paying much higher subscription rates, while the costs of publishing remain the same.
The author assumes that publishersβ overall profits have increased just because one subset of their consumers are paying more. She ignores the possibility that other streams of revenue have remained unchanged or have decreased, that there may be other unaddressed costs to publishers, or that overall profits are the same or lower now than in the past.
Which one of the following, ββ βββββ ββββ βββββββββ βββββββ βββ βββββββββ
Many university libraries ββββ βββββ ββ ββββββ ββββββ βββ ββββββ βββββ βββ βββββββ βββββ βββ βββββββββββ ββ β βββ ββ βββββββ ββ βββββββββ βββββββ ββββββββββββ βββββ ββ βββββββ ββββββ
A university library's βββββββββββ ββββββ βββββββ ββββββββββ ββββ β βββββ ββββββββ ββ βββ βββββ βββββββββ βββββββ
Publishing a scholarly βββββββ ββ ββ βββββββββ βββββββββββ βββ ββββββββββ ββ ββββ ββββββββ ββββββ βββββββ βββββββββββ ββ ββββ ββββββββββββ ββββ ββββββ
Most subscribers to βββββββββ ββββββββ βββ ββββββββββββ βββ ββββββββββ βββ βββ ββββββββββββ βββββ βββ βββββββββββ ββββ βββββββββ ββββββββ βββββββββ βββ βββ ββββ βββββββ ββββββ
The majority of βββββββββ ββββββββ βββ βββββββββ ββ ββββ ββββ ββββ βββββ β βββββ