Home » Demand and Supply MCQs » Who propounded the opportunity cost Theory of international trade? Demand and Supply MCQs Who propounded the opportunity cost Theory of international trade? September 27, 2022 26 Views Q. Who propounded the opportunity cost Theory of international trade?RicardoMarshallHeckscher & OhlinHaberlerAnswer: Haberler
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to