View Pit Stop page for race #862 by pankajupreti751 — Ghost race
View profile for pankaj (pankajupreti751)
| Official speed | 39.85 wpm (125.27 seconds elapsed during race) |
|---|---|
| Race Start | February 9, 2018 10:06:38am UTC |
| Race Finish | February 9, 2018 10:08:43am UTC |
| Outcome | No win (4 of 4) |
| Accuracy | 97.0% |
| Points | 49.81 |
| 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. |