Who said Economics is the science which studies human behaviour as a relationship between ends and scare means which have alternative uses _______.
A
L.Robbins
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B
A.C. Pigou
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C
J.N. Keynes
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D
J.S. Mill
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Solution
The correct option is A L.Robbins Lionel Robbins was a British economist. According to him, economics is a body of knowledge that deals with the optimum or rational management of scarce resources to its alternative uses. Resources are scarce and human wants are unlimited and thus economics provides solution to the problem of allocation of resources to its alternative uses.