law of one price

noun

an economic law that claims a good must sell for the same price in all locations

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Meanings

noun
  1. an economic law that claims a good must sell for the same price in all locations
Cite this entry
APA

law of one price. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/law%20of%20one%20price

MLA

“law of one price.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/law%20of%20one%20price. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “law of one price,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/law%20of%20one%20price.

Source: law of one price on Wiktionary, CC BY-SA 4.0.