theory of comparative advantage


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Introduction
Lets say there are 6 frogs and 2 crabs in a pond. We can compare the number of frogs to the number of crabs in two different ways: How many more frogs than crabs are there? or How many fewer crabs than frogs are there? The answer to both the questions is same i.e. 6-2=4. There are 4 more ..
Equality of Matrices
If two matrices have their corresponding elements equal, then they are called equal matrices. If then a = p, b = q, c = r and d = s. a = 7, b = 9, c = 3. (i) Two equal matrices are exactly the same. (ii) If rows are changed into columns and columns into rows, we get a transpose matrix. If the origi..
Summary
A matrix is defined as a rectangular array of elements. If the arrangement has m rows and n columns, then the matrix is of order mxn (read as m by n). A matrix is enclosed by a pair of parameters such as ( ) or [ ]. It is denoted by a capital letter. Two matrices are said to be comparable..
Number Theory
Scientific Notation - Notation of large number in terms of exponential form, 10 raised to required value. It is also a standart notation representation as " p x 10 q ". where 'p' and 'q' are any integer..
Questions on Number theory
Question 1 - Question: Define an even number. Answer: A number which is divisible by 2 is called an even numbe..
Set of question and answer on Number Theory
Question 1 - Question: For the given sequence, suggest possible next three terms and find the general term. 7, 11, 15,---- Answer: First term = 7, Common Difference = 11 - 7 = 15 - 11 = 4 Next three terms are 15 + 4 = 19, 19 + 4 = 23, 23 + 4 = ..
Application of sets
The theory of finite sets is, arguably, a definition of Combinatorics. In particular, certain combinatorial topics (e.g. Ramsey theory) have important direct analogues in "combinatorial" set theory. Since Axiomatic Set Theory is often used to construct ..
Introduction
In Mathematics, a well-defined collection of definite objects is called a set. George Cantor is regarded as the "Father of Set theory". The concept of "Sets" is basic in all branches of mathematics. It has proved to be of particular importance in the foundations of relations and functions..
Rational and Irrational Numbers
The rational numbers can be expressed as terminating or recurring decimals. Numbers which are not rational are called irrational numbers . When expressed as decimals, they are non-terminating and non-recurring. We can obtain infinite number of irrationals between two irrational numb..
theory of comparative advantage
Question and Answers 2 Question and Answers 2.1 Question and Answers 2.2 Question and Answers 2.3 Question and Answers 2.4 ..
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