Home › CBSE Class 11 (Arts) › Economics › Microeconomics › Who introduced partial equilibrium theory in Pri…
Who introduced partial equilibrium theory in Principles of Economics (1890)?
ALeon Walras
BPieter de Wolff
CRagnar Frisch
DAlfred Marshall
Answer & Solution
Correct answer: D. Alfred Marshall
Alfred Marshall introduced partial equilibrium theory in his Principles of Economics of 1890.
Related questions
Under a production possibility curve, moving along the frontier shows what?When markets fail to produce efficient outcomes, economists call it what?Who likely introduced the macro and micro distinction in economics in 1933?Oligopolists may form cartels. What does this usually cause?A natural monopoly arises when one producer can do what?A market with only one buyer and many sellers is called what?Which market structure has many firms selling slightly different products?A duopoly is a special case of which market structure?