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Showing 1 to 1 of 1 for “"renting vs. selling"”.
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Revision Cycles For Economics Textbooks: An Application of the Theory of Durable Goods Monopoly
… potential for textbook producers. </p> <p>If renting is not feasible, one way to limit the durable goods monopoly problem for sellers is to strategically reduce the durability of the goods. Planned obsolescence limits the amount of previously produced output available to compete with current …