Final carats tally comp., page-72

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    It is almost certain no one will ever know, that is how this business works because the mark-ups at each stage of the supply chain are quite outrageous at times, so transparency is closely guarded.

    Once again, we are talking about a veblen good here, not iron ore. All your previous intuitions are out the window.

    A Veblen good is a luxury item whose price does not follow the usual laws of supply and demand. Usually, the higher the price of a particular good the less people will want it.
 
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