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Examine the Carving of the Boddhisatva Avalokitesvara on Page 130

question 18

Essay

Examine the carving of the boddhisatva Avalokitesvara on page 130.What is the theory behind the boddhisatva? Can you think of any similar religious concepts?


Definitions:

Collude

When two or more firms agree to limit competition between themselves, often to set prices or output levels to maximize collective profits.

Sealed-Bid

A method of auction or tendering process where all bidders simultaneously submit their bids in sealed envelopes, not known to others until the opening.

Expected Revenue

Refers to the forecasted amount of money a business expects to receive from sales over a certain period.

Sealed-Bid

A bidding process where all bidders submit their bids simultaneously in sealed envelopes, without knowing the bid amounts of other participants.

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