Critical Reasoning

Subscription fees pay only a fraction of the production costs of any scholarly journal; nevertheless, it is vital for the continued operation of most such journals that they maintain the level of their subscriptions. Most small scholarly journals rely on libraries for the bulk of their subscriptions. Owing to recent cutbacks in funding, libraries have been curtailing the number of magazines to which they subscribe, and the first victims of such cutbacks are invariably scholarly journals.

Which of the following conclusions is best supported by the information above?

A) If small scholarly journals reduce their production costs, they can continue relying on libraries to provide the bulk of their subscriptions.
B) Subscriptions to small scholarly journals tend to be too expensive for most individuals who would otherwise subscribe.
C) In the wake of funding cuts to libraries, only small scholarly journals that are affiliated with universities can be expected to survive.
D) Financial support for scholarly journals from foundations, which traditionally provide the bulk of their financing, has also been in decline.
E) Unless non-subscription sources of funding increase their financial support, some small scholarly journals are likely to be faced with the choice of decreasing their expenses or ceasing publication.