How to pronounce “law of one price”

Meaning

• [Noun]
• an economic law that claims a good must sell for the same price in all locations

Practice Nearby Words

law of markets, static equilibrium, equilibrium price, supply and demand, bowley's law, fixed price, price match, say's law, bertrand's paradox, perfect price discrimination, monopsony, price signal, natural price, market equilibrium, baxter's law, duopsony, predatory pricing, competitive market, price-lining, price control, theory of value, rate, price fixing, price discrimination, oligopsony, price taker, missing market, purchasing power parity, price point, perfectly elastic supply, price level, bertrand-edgeworth model, efficient market hypothesis, two-price advertising, polyopsony, perfect market, price war, market price, unit pricing, perfect competition, pricepoint, shadow price, greater fool theory, flat rate, cross elasticity of demand, unit price, price flexing, price floor, duopoly, price skimming, flat fare, reserve price, pricing, partial equilibrium, price ceiling, market force, psychological pricing, common good, quantity theory of money, arm's length price, price maker, limit order, demand destruction, midquote, gresham's law, price stability, market clearing, equivalent variation, market anarchy, snob effect, choke price, limit up, transaction utility, political price fixing, sale price, offer curve, lipstick effect, arbitrage pricing theory, posted price, full employment, price gouging, private good, freeconomics, market order, public good, auction theory, normal good, demand, neutral money, oligopoly, trigger pricing, fair market value, free enterprise, repricing, merit good, primary goods, economy model, keystone pricing, market power, mercantilism

Similar Sounds

law of supply, loveliness, living proof, eleven-plus, selling price, solvents, stephen fry, season pass, savoir, cifuentes