Author Question: Who was the economist who first analyzed the advantages of specialization and the division of labor? ... (Read 86 times)

itsmyluck

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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

Question 2

If the market price is 40 in a perfectly competitive market, the marginal revenue from selling the fifth unit is
 
  A) 8. B) 20. C) 40. D) 200.


parshano

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Answer to Question 1

A

Answer to Question 2

C



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