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.
Game | Time | WPM | Accuracy |
---|---|---|---|
1330 | 2018-10-23 03:28:05 | 98.33 | 97% |
829 | 2018-07-28 19:21:31 | 94.97 | 97% |