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Race Result Details |
| Racer | (joshua728) |
| Race Number | 30867 |
| Date | Sat, 20 Jan 2024 04:43:46 +0000 |
| Speed |
226 WPM
 Try to beat?
|
| Accuracy | 100.0% |
| Rank | 1st place (out of 2) |
Text typed:
 
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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)
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