Define the law of one price carefully noting its, Marketing Management

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Define the law of one price carefully noting its

Question: 1. Define the law of one price carefully, noting its fundamental assumptions.

2. Why are these assumptions so difficult to apply in the real world in order to apply the theory?

3. Please add citations and references. APA 6th edition. (500 words minimum)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Marketing Management: Define the law of one price carefully noting its

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