Question

which economist presented the concept of real cost​

Answer 1

Answer:

Jacob viner represent ed the concept if real cost

Answer 2

Answer: MARSHALL

Explanation:

Marshall made a distinction between the cost of production and the expenses (expenditures) of production by saying that, “All the efforts and sacrifices made by the producer is the real cost of production while the money paid to other factors of production for these efforts is termed as the expenses of production”.