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?
Race Result Details |
Racer | puede (puedeserphite) |
Race Number | 61 |
Date | Tue, 18 Aug 2020 13:13:10 +0000 |
Speed | 78 WPM Try to beat? |
Accuracy | 95.6% |
Rank | 2nd place (out of 5) |
Opponents | deedee09 (4th 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)
|