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Iceberg transport cost |
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Iceberg transport costA cost of transporting a good that uses up only some fraction of the good itself, rather than using any other resources. Based on the idea of floating an iceberg, which is costless except for the amount of the iceberg itself that melts. It is a very tractable way of modeling transport costs since it impacts no other market. Due to Samuelson (1954).Similar MatchesTransportation costTransportation costSee transport cost. Transport costTransport costThe cost of transporting a good, especially in international trade. |
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