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By 1964, sales reached one million Notes annually. CliffsNotes now exist for hundreds of works. The term "Cliff's Notes" has become a proprietary eponym for similar products. IDG Books purchased CliffsNotes in 1998 for $14.2 million. John Wiley & Sons acquired IDG Books (renamed Hungry Minds) in 2001.
The first book to achieve a sale price of greater than $1 million was a copy of the Gutenberg Bible which sold for $2.4 million in 1978. The most copies of a single book sold for a price over $1 million is John James Audubon's The Birds of America (1827–1838), which is represented by eight different copies in this list.
the private or enterprise production price which forms the starting-point of the analysis in the first chapter. This price equals the cost-price and normal profit on production capital invested which applies to the new output of a specific enterprise when this output is sold by the enterprise (the "individual production price" [33]). The rate ...
"A room without books is like a body without a soul," Cicero once said, though he might not have known that those books could one day be worth serious cash. How To Go From Broke in Your 40s to...
The cost can comprise any of the factors of production (including labor, capital, or land) and taxation. The theory makes the most sense under assumptions of constant returns to scale and the existence of just one non-produced factor of production. With these assumptions, minimal price theorem, a dual version of the so-called non-substitution ...
The Coles bookstore first published Coles Notes in 1948. The first title published was on the French novella Colomba by Prosper Mérimée. [1] [2] In 1958, Jack Cole and Carl Cole, founders of Coles, sold the U.S. rights to Coles Notes to Cliff Hillegass who then published the books under CliffsNotes. By 1960, Coles notes sales had peaked.
Businesses that stock too little inventory cannot take advantage of large orders from customers if they cannot deliver. The conflicting objectives of cost control and customer service often put an organization's financial and operating managers against its sales and marketing departments. Salespeople, in particular, often receive sales ...
The total cost curve, if non-linear, can represent increasing and diminishing marginal returns.. The short-run total cost (SRTC) and long-run total cost (LRTC) curves are increasing in the quantity of output produced because producing more output requires more labor usage in both the short and long runs, and because in the long run producing more output involves using more of the physical ...