Business, 23.12.2019 22:31, kcdavis318

The law of one price tells us that, excluding trade barriers and transportation costs, the price of a good tends to be the same in different geographical locations. if in north dakota a 3 lb. bag of apples sells for $6 and in in minnesota it sells for $8, and the transportation costs are the same, how would a seller react in north dakota?

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The law of one price tells us that, excluding trade barriers and transportation costs, the price of...