alleryMatch founder roots: 1. Alfred: p. 1890 2. Idea: q. Elastic 3. Term: r. Coeff
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Alfred Marshall formalized the economic concept and coefficient of price elasticity of demand in his 1890 treatise.
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