Question
5. Read the article: https://www.vox.com/the-goods/2019/3/6/18252322/college-textbooks-cost-expensive-pearson-cengage-mcgraw-hill?utm_source=EX&utm_medium=Article&utm_campaign=MRUEmail&utm_content=college-textbooks-cost-expensive-pearson-cengage-mcgraw-hill&__s=2oc8halfeuhyhq4vi3c2 A. Use game theory to explain whether other major textbook publishers are likely to follow Cengage's subscription textbook model. B.
5. Read the article: https://www.vox.com/the-goods/2019/3/6/18252322/college-textbooks-cost-expensive-pearson-cengage-mcgraw-hill?utm_source=EX&utm_medium=Article&utm_campaign=MRUEmail&utm_content=college-textbooks-cost-expensive-pearson-cengage-mcgraw-hill&__s=2oc8halfeuhyhq4vi3c2
A. Use game theory to explain whether other major textbook publishers are likely to follow Cengage's subscription textbook model.
B. According to the article, identify a reason a professor might choose a book from one of the major publishing companies.
C. Propose an idea that would give professors more incentive to adopt low/no cost course materials.Be sure to relate your ideas to economic concepts.
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