Pit Stop
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Racer Mufasa (ceer)
Race Number 533
Date Tue, 31 Jul 2018 07:00:52 +0000
Speed 108 WPM Try to beat?
Accuracy 98.6%
Rank 2nd place (out of 3)

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: