MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Effects of an Autonomous Change on Equilibrium Demand in the Product Market

Who of the fo...

Question

Who of the following is not a protagonist of economics as a science of wealth?

A

Adam Smith

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

J.B Say

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

F.A Walker

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Alfred Marshall

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is C Alfred Marshall
Alfred Marshall is not a protagonist of economics as a science of wealth or money. He propounded the welfare-oriented definition of economics. According to him, economics refers to the study of optimum management of resources, so that welfare of an economy is maximised.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Who of the following referred economics as the "science of wealth"?
(X) J.B. Say
(Y) F.A. Walker
(Z) Adam Smith
Select the correct answer from the options given below -

Q. Who of the following referred economics as the science of wealth?
(x) J.B. Say
(y) Walker
(z) Adam Smith
Select the correct answer from the options given below -

Q. Who of the following referred to 'economics' as the science of wealth?

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

Q. Who of the following treated economics as a positive science?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Effects of an Autonomous Change on Equilibrium Demand in the Product Market

ECONOMICS

Watch in App

explore_more_icon

Explore more

Effects of an Autonomous Change on Equilibrium Demand in the Product Market

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon