The following table contains the actual prices charged by four websites for a blu-ray copy of the movie Despicable Me 2.
$\begin{array}{|l|l|}
\hline \text { Amazon.ca } & 23.67 \
\hline \text { Chapters.ca } & 28.49 \
\hline \text { FutureShop.ca } & 24.99 \
\hline \text { Walmart.ca } & 24.97\
\hline
\end{array}$
Explain whether the information in this table contradicts the law of one price.

Question

The following table contains the actual prices charged by four websites for a blu-ray copy of the movie Despicable Me 2.
 $\begin{array}{|l|l|}
\hline \text { Amazon.ca } & 23.67 \
\hline \text { Chapters.ca } & 28.49 \
\hline \text { FutureShop.ca } & 24.99 \
\hline \text { Walmart.ca } & 24.97\
\hline
\end{array}$ 
Explain whether the information in this table contradicts the law of one price.

Quizplus · Accepted Answer

The Answer of The following table contains the actual prices charged by four websites for a blu-ray copy of the movie Despicable Me 2.
 $\begin{array}{|l|l|}
\hline \text { Amazon.ca } & 23.67 \
\hline \text { Chapters.ca } & 28.49 \
\hline \text { FutureShop.ca } & 24.99 \
\hline \text { Walmart.ca } & 24.97\
\hline
\end{array}$ 
Explain whether the information in this table contradicts the law of one price.

The Following Table Contains the Actual Prices Charged by Four