muhammad afiq (afiq101)

Race #5789

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Official speed 74.28 wpm (67.21 seconds elapsed during race)
Race Start December 29, 2017 2:13:09pm UTC
Race Finish December 29, 2017 2:14:16pm UTC
Outcome No win (2 of 4)
Opponents 4. wes0707 (62.60 wpm)
Accuracy 98.0%
Points 92.85
Text #3640307 (Length: 416 characters)

Although the law of one price holds for goods that are nearly uniform in characteristics and quality and easily traded in nearly perfectly competitive markets, many - if not most - goods are not like that. Goods of the same general type may be differentiated in important ways: a Lexus LS and a Ford Focus are both cars, yet they are very different cars, and there is no reason that their prices should be identical.