Total Outlay Method of measuring Elasticity of Demand was introduced by _________

by
Question:

Total Outlay Method of measuring Elasticity of Demand was introduced by _________

A.

Stanley Jevons

B.

Alfred Marshall

C.

Adam Smith

D.

J.R. Hicks

Answer» b. Alfred Marshall

Note: The above multiple-choice question is for all general and Competitive Exams in India.