CLAT CLAT Solved Paper-2018

  • question_answer
    The scarcity definition of economics is credited to

    A) Alfred Marshall

    B)        Lionel Robbins

    C) Adam Smith   

    D)        Dennis Robertson

    Correct Answer: B

    Solution :

    Sol.      The scarcity definition of economics is credited to Lionel Robbins. According to his economics is "the science which studies human behavior as a relationship between ends and scarce means which have alternative uses".


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