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SPATIAL PRICE POLICY AND THE DEMAND FOR TRANSPORTATION |
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| Authors: | Martin J Beckmann |
| Institution: | Professor of Economics, Brown University. |
| Abstract: | For a spatial market of given radius transportation cost per unit sold is less under mill pricing than under any uniform pricing. This is true whether profit-maximizing monopoly prices or welfare-maximizing prices or any other prices are chosen. |
| Keywords: | |