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.
Relation to the law of one price. Price discrimination is counter to the law of one price and is related to the phenomenon of price dispersion. Price discrimination refers to a single seller selling the same good at different prices, while price dispersion refers to the spread in prices of identical goods across the market, usually across multiple sellers.