Which among the following economists advocated the use of Social Marginal productivity Criterion ?
Hollis B. Chenery advocated the social marginal productivity criterion for investment. It assesses a project's contribution to social output rather than relying solely on…
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Which among the following economists advocated the use of Social Marginal productivity Criterion ?
Answer and explanation
Correct answer A
Hollis B. Chenery advocated the social marginal productivity criterion for investment. It assesses a project's contribution to social output rather than relying solely on private profitability.
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