What Does the "Law of One Price" Stipulate

question 57

Multiple Choice

What does the "law of one price" stipulate?

• A)Assets with the same attributes should sell for the same price in a perfect market.
• B)Everyone should be able to borrow and lend at the same interest rate.
• C)All investors must be price-takers.
• D)A company must sell its products to everyone at the same price; that is, price discrimination is illegal.

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Definitions:

Local Human Capital

The collective skills, knowledge, and abilities of individuals within a specific local area or community.

Corporate Human Capital

Represents the collective knowledge, skills, and abilities of an organization’s workforce and their value to the company.

International Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country on a global scale.

HR Expertise Role

Position within human resources that requires specialized knowledge or skills to support organizational and employee needs effectively.