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Its purchase price was $27,500, [11] which was established by the US Government, as they would not rent equipment. The customer also bought paper and toner (ink) at a cost of about 5 cents per copy. The customer also bought paper and toner (ink) at a cost of about 5 cents per copy.
Newsprint is a low-cost, non-archival paper consisting mainly of wood pulp and most commonly used to print newspapers and other publications and advertising material. Invented in 1844 by Charles Fenerty of Nova Scotia , Canada, it usually has an off white cast and distinctive feel.
When spread over 20 or more copies, the cost per copy (2 to 4 cents) is close to photocopiers. But for every additional copy, the average cost decreases. At 100 prints, the master cost per copy was only 0.4–0.8 cents per copy, and the cost of the paper printed upon will start to dominate.
Low-end copiers also use digital technology, but tend to consist of a standard PC scanner coupled to an inkjet or low-end laser printer, which are far slower than their counterparts in high-end copiers. However, low-end scanner-inkjets can provide color copying at a lower upfront purchase-price but a much higher cost per copy.
The penny press was most noted for its price – only one cent per paper – while other contemporary newspapers were priced around six cents per issue. The exceptionally low price popularized the newspaper in America and extended the influence of the newspaper media to the poorer classes.
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