Who was the economist who first analyzed the advantages of specialization and the division of labor?

A) Adam Smith B) Ronald Coase C) Arthur C. Pigou D) David Ricardo

A

Economics

You might also like to view...

Price is the only rationing device that can be used in a modern economy

Indicate whether the statement is true or false

Economics

Refer to the consumption schedule above. The marginal propensity to consume is represented by:



A.  GF/BE
B.  EF/BE
C.  GE/AB
D.  DE/AB

Economics