Home ยป 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 6 Views Q. Who propounded the opportunity cost Theory of international trade? RicardoMarshallHeckscher & OhlinHaberler Answer: Haberler
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to