Race Result Details |
Racer | oneguardsam (oneguardsam) |
Race Number | 121826 |
Date | Sat, 12 Oct 2019 19:44:15 |
Speed |
77 WPM
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Accuracy | 97% |
Rank | 2nd place (out of 4) |
Opponents | ringo_no (4th place) roleyguacamole (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.
— (book)
by Kevin D. Hoover
(see stats)
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