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Arbitrage Pricing Theory
Arbitrage defines the procedure of continuously buying a security for privacy, currency, or commodity on one market and selling it in another. Price variations between the two markets give the arbitrageur his or her profit. The arbitrage pricing theory is based upon the concept of arbitrage, and define how assets should be valued if there were no riskless arbitrage opportunities. When security markets are competitive and effective, then chances to profit from arbitrage should be nonexistent.
who propounded the pure international theory of trade?
The raspberry growing industry is a perfectly competitive industry. The firms in the industry have a U-shaped LAC, minimum average cost is $8 and the minimum efficient scale is 4 u
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Perceived Value Pricing This refers to a pricing strategy that dictates that the price of a given item will be set based on the customer's perception of the value of that item
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