Race Updates Discord About Merch
Home Profile History Competitions Texts Messages Friends Upgrade

typeracer

Pit Stop

Record your races with a typeracer account:

Create Your Account
  • Save your race history and scores.
  • Customize your profile and racecar.
  • It’s free, why not?
Racer Lee (frank58246)
Race Number 126
Date Sat, 16 Feb 2019 03:55:45 +0000
Speed 59 WPM Try to beat?
Accuracy 97.1%
Rank 2nd place (out of 4)

Text typed:

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.
Applied Intermediate Macroeconomics (book) by Kevin D. Hoover (see stats)

Typing Review: