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Racer WinterCore (wintercore)
Race Number 28453
Date Thu, 28 Feb 2019 17:24:46 +0000
Speed 132 WPM Try to beat?
Accuracy 99.1%
Rank 2nd place (out of 2)
Opponents mako640 (1st place)

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: