Question : J. B. Say's Law of Market was not accepted by:
Option 1: Adam Smith
Option 2: Marshall
Option 3: Malthus
Option 4: David Ricardo
Correct Answer: Marshall
Solution : The correct option is Marshall .
J. B. Say's Law of Markets, often summarised as supply creates its demand, asserts that the production of goods and services leads to the generation of income, which subsequently fuels demand for other goods and services. Essentially, the act of creating something also provides consumers with the means to buy other products and services.
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