Who is the founder of classical school of thought?

A. David Ricardo

B. Adam Smith

C. T.R.Malthus

D. J.S.Mill

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. The CES production function shows:
  2. When total revenue is maximum in monopoly, elasticity of demand is:
  3. Change in demand (rise and fall of demand) is:
  4. Pure monopoly exists:
  5. Who first formulated the Marginal Productivity Theory of Distribution?
  6. The difference between average total cost and average fixed cost shows:
  7. Under perfect competition, the average revenue, marginal revenue and price are shown:
  8. An inferior commodity is one whose quantity demand decreases when income of the consumer:
  9. The external economies of scale experienced by a firm include the:
  10. The general form of Cobb-Douglas production function is:
  11. If the demand curve is inelastic then:
  12. The cobweb model will divergent when the slope of:
  13. Capital and Development Planning is the work of:
  14. Income-elasticity of demand is expressed as:
  15. Given a U shaped average cost curve, the relationship between average cost and marginal cost is such…
  16. Time Preference Theory of Interest was presented by:
  17. Regarding economic decisions, economics of uncertainty identifies:
  18. In cournot model, firms sell:
  19. Profits of a firm will be calculated taking into account the units produced and the difference between:
  20. In dominant price leadership model, the small firms are like:
  21. Demand for a commodity is elastic when it has
  22. Economics define technology as:
  23. The cost of production is faced by a:
  24. Marginal revenue from a given output:
  25. In a perfectly competitive market, suppliers must know:
  26. According to Diamond Water Paradox diamonds are more expensive than water because:
  27. We can obtain consumers demand curve from:
  28. In Nash Equilibrium:
  29. Decrease in demand results in:
  30. When total product increases at a decreasing rate: