Who originally introduced the concept of consumer surplus?

CA Foundation · Business Economics · MTP · May 2026
Who originally introduced the concept of consumer surplus?
(A) A. Adam Smith
(B) B. Alfred Marshall
(C) C. J.M. Keynes
(D) D. Paul Samuelson

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Alfred Marshall

Topics: Theory of Demand and Supply

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