Question

explain similarity of definition Marshal aur Robin​

Answer 1

Answer:

Welfare and satisfaction: Marshall assumes that main aims to utilize wealth to achieve maximum material welfare, whereas Robbins assumes that main aims to utilize scarce resources to achieve maximum satisfaction. In reality, there is no wider difference between welfare and satisfaction.

Explanation:

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Answer 2

Answer:

Welfare and satisfaction: Marshall assumes that main aims to utilize wealth to achieve maximum material welfare, whereas Robbins assumes that main aims to utilize scarce resources to achieve maximum satisfaction. In reality, there is no wider difference between welfare and satisfaction.

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