Word forms: 3rd person singular present tense exemplifies, present participle exemplifying, past tense, past participle exemplified verb If a person or thing exemplifies something such as a situation, quality, or class of things, they are a typical example of it.
Law Of One Price. What is the 'Law Of One Price'. The law of one price is the economic theory that the price of a given security, commodity or asset has the same price when exchange rates are taken into consideration. The law of one price is another way of stating the concept of purchasing power parity. The law of one price exists due to arbitrage opportunities.
The Law of Demand states that when the price of a good rises, and everything else. remains the same, the quantity of the good demanded will fall. In short, âP â âQd. Note 1: âeverything else remains the sameâ is known as the âceteris paribusâ or âother. things equalâ assumption.