The Two Economists Associated with the Development of the Theory

question 167

Multiple Choice

The two economists associated with the development of the theory of monopolistic competition were

• A) Joan Robinson and Edward Chamberlin.
• B) David Hume and Adam Smith.
• C) John Neville Keynes and John Maynard Keynes.
• D) Carl Menger and Eugen Von Bohm-Bawerk.

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Definitions:

Excessive Breathing

Breathing at an abnormally rapid rate, leading to decreased levels of carbon dioxide in the blood.

Hyperpnea

Increased depth and rate of breathing, usually in response to physical activity or a specific physiological demand.

Cricoid Cartilage

A ring-shaped cartilage found at the base of the larynx (voice box) and is important for maintaining an open airway.

Largest Cartilage

Refers to the thyroid cartilage, the largest cartilage in the larynx, which plays a crucial role in voice production.