Economics · Theory of Demand
Which economist is primarily credited with the systematic development and formalization of the concept of 'Elasticity of Demand'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1John Maynard Keynes
- 2Alfred Marshall✓
- 3R.G.D. Allen
- 4John Hicks
Correct answer
Alfred Marshall
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Theory of Demand MCQs →Want more practice questions on Theory of Demand?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Theory of Demand