Ben (coalcat)

Race #57

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Official speed 62.67 wpm (79.66 seconds elapsed during race)
Race Start December 17, 2020 2:01:07pm UTC
Race Finish December 17, 2020 2:02:27pm UTC
Outcome No win (3 of 5)
Opponents 4. hussainkhan (57.00 wpm)
5. thebaneet (56.77 wpm)
Accuracy 97.0%
Points 78.34
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.