Hot Student Stories

Who is credited with first using cost-benefit analysis? a. Adam Smith b. Jules Dupuit c. Alfred Marshall d. John Maynard Keynes

Victoria Fowler

in History

1 answer

1 answer

Karen Wright on August 29, 2018

Alfred Marshall is credited with the first use of cost-benefit analysis. The correct option among all the options the question is of option "b". The real fact is that the concept was brought into existence by Jules Dupuit in an article in the year 1848. His concept was put to work by Alfred Marshall later.

Add you answer