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Tradability is the property of a good or service that can be sold in another location distant from where it was produced. A good that is not tradable is called non-tradable. Different goods have differing levels of tradability: the higher the cost of transportation and the shorter the shelf life, the less tradable a good is. Prepared food, for example…
Technology, Price equalization & Overview
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tradable good goods non-tradable services cost service price perfectly one education subject sold location produced levels higher transportation life prepared
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Tradability | is a | property of a good or service that can be sold in another location distant from where it was produced | 0.90 | text |
| haircuts | instance of | Some non-commodities and services | 0.80 | text |
| massages are also obviously non-tradable | instance of | Some non-commodities and services | 0.80 | text |
| education can be regarded as tradable due to advancements in information | instance of | in recent years even pure services | 0.80 | text |
| communications technology | instance of | in recent years even pure services | 0.80 | text |
| the Penn effect | instance of | Goods that cannot be costlessly traded are not subject to this law.Less than perfectly tradable goods are subject to distortions | 0.80 | text |
| for example | instance of | Goods that cannot be costlessly traded are not subject to this law.Less than perfectly tradable goods are subject to distortions | 0.80 | text |
| a lowering of prices in less wealthy place | instance of | Goods that cannot be costlessly traded are not subject to this law.Less than perfectly tradable goods are subject to distortions | 0.80 | text |
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