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.
law of demand. Definition. The law of demand states that if supply is held constant, an increase in demand leads to an increased market price, while a decrease in demand leads to a decreased market price. Use law of demand in a sentence. â The law of demand was useful in explaining the price volatility for the product in the target market's region today.