Randy (mathrelated)

Race #383

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Official speed 81.17 wpm (61.50 seconds elapsed during race)
Race Start March 7, 2018 6:37:13am UTC
Race Finish March 7, 2018 6:38:14am UTC
Outcome No win (3 of 3)
Opponents 2. lypa (93.08 wpm)
Accuracy 99.0%
Points 101.47
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.