View Pit Stop page for race #606 by michaelm67 — Ghost race
View profile for Michael (michaelm67)
| Official speed | 70.13 wpm (71.18 seconds elapsed during race) |
|---|---|
| Race Start | April 15, 2018 11:10:50pm UTC |
| Race Finish | April 15, 2018 11:12:01pm UTC |
| Outcome | Win (1 of 3) |
| Accuracy | 94.0% |
| Points | 87.66 |
| Text | #3640307 (Length: 416 characters) 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. |