Business, 20.02.2020 20:58 nayelieangueira

Suppose the price of a pound of flax seed in West Virginia is currently $1.00. The law of one price suggests that because the price of a pound of flax seed is $1.20 in Kentucky, the price of a pound of flax seed will be in West Virginia after sellers adjust their supply in both markets.

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Suppose the price of a pound of flax seed in West Virginia is currently $1.00. The law of one price...

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