A. Adam Smith
B. Reverend Thomas Malthus
C. Professor trim fisher
D. David Ricardo
Correct Answer:
Option D – David Ricardo
Explanation
The theory was first introduced by David Ricardo in the year 1817. Comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production.
Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…
Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…
Do you want to study Cooperative and Business Management in OOU? Before you apply for…
Do you want to study Home and Hotel Management in OOU? Before you apply for…
Do you want to study Animal Production in OOU? Before you apply for the OOU…
Do you want to study Crop Production in OOU? Before you apply for the OOU…