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Russia's Development Model

Who among the...

Question

Who among the following is/are the main protagonist of economics as a study of welfare?

A

Alfred Marshall

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B

Stonier Hague

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C

Samuelson

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D

Robinson

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Solution

The correct option is A Alfred Marshall
Alfred Marshall is the main protagonist of economics as a study of welfare. He stated that economics is the study of optimum management of resources so that welfare of a nation is maximized.

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