21 Who developed the concept of ‘‘Representative Firm’’?

Alfred Marshal

22 Who used the term “quasi-rent” for the first time?

Alfred Marshal

23 The term Consumers Goods which Alfred Marshal used was in place of the term

Consumption capital

24 The concept of ‘‘Elasticity of Demand’’ was introduced into Economic Theory by

Alfred Marshal

25 As a Professor of Political Economy at Cambridge, A.C. Pigou succeeded whom?

Prof. Alfred Marshal

26  ‘‘Poverty in India under British Rule’’ is the work of

Dadabhai Naoroji

27 Who authored the ‘‘Choice of Technique’’?

Amartya Sen

28 Who is the author of ‘‘The Trade Cycle’’?

Mathew

29 Who is the author of ‘‘Capitalism Yesterday and Today’’?

Dobb

30 Who wrote ‘‘The Economics of Developing Countries’’?

Amartya Sen