Passage Summary: A journal editor wants to go digital. The treasurer says 'only if it doesn't cost us more.' Since someone else is paying for the setup and the monthly bills will be cheaper, the editor thinks they are good to go.

Conclusion: The journal should switch to an online-only version because the conversion costs are covered and the ongoing costs will be lower.

Reasoning: The treasurer's condition for switching is that costs must not increase; since a benefactor is paying for the expensive conversion and the per-issue cost is lower online, the editor believes the condition is met.

Analysis: The editor makes a classic mistake by assuming that 'cost of publication' only refers to the bills the journal pays to produce the issues. However, the treasurer's warning about a 'precarious financial situation' suggests we should look at the big picture, including potential lost revenue from print subscribers. If the switch to online causes a massive drop in subscription income, the total cost to the journal's health might increase even if production is cheaper. Look for an answer that identifies this gap between production costs and overall financial impact.