SUMMARY
Murray Spiegel's Schaum's Outline book commands a high price due to its out-of-print status, with used copies selling for at least $60 on platforms like Amazon. While many other Schaum's books by Spiegel are also out of print, they remain inexpensive, indicating that factors beyond availability influence pricing. The discussion highlights the economic principle of supply and demand, explaining the price increase as demand rises while supply remains constant.
PREREQUISITES
- Understanding of supply and demand economics
- Familiarity with the Schaum's Outline series
- Knowledge of book pricing dynamics
- Basic research skills for online book pricing
NEXT STEPS
- Research the economic principles of supply and demand in more depth
- Explore the Schaum's Outline series and its various titles
- Investigate online marketplaces for pricing trends of out-of-print books
- Learn about factors affecting book valuation and collector markets
USEFUL FOR
Book collectors, economics students, and anyone interested in the pricing dynamics of educational materials will benefit from this discussion.