Marginal utility approach was given by ........

Economics- Phase (I & II) Demand and Supply , Market Structures

Marginal utility approach was given by:

J.R. hicks

Alfred Marshall

Robbins

A.C. Pigou

- Option 1: J.R. Hicks

- An influential economist in the field of welfare economics.

- Renowned for his work on consumer theory and the theory of demand.

- Option 2: Alfred Marshall

- Developed the concept of marginal utility in economics.

- Played a pivotal role in integrating this concept into mainstream economic thought.

- Option 3: Robbins

- Known for his definition of economics based on scarcity and choice.

- Significant contribution to the methodological foundations of economics.

- Option 4: A.C. Pigou

- A key figure in welfare economics.

- Focused on externalities and the role of government intervention.

Submit Error