The law of one price states that "Equivalent assets sell for the same price."

Name: The law of one price states that "Equivalent assets sell for the same price."
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The law of one price is an economic theory that asserts that the prices of identical assets or goods, such as commodities, should be identical across different markets. If assets are truly equivalent and have no differences in quality, risk or location, they should trade at the same price everywhere.

The Law of One Price States That "Equivalent Assets Sell