Categories Economics Though the concept of consumers surplus can be traced back to the French Engine economist Dupuit, It was another economist who gave a precise formulation stating the necessary assumption of this concept. Identify the economist. Post author By thelooknow Post date March 30, 2022 A. Alfred Marshall B. W.S. Jevons C. F.W. Taussig D. J.S. Mill CORRECT ANSWER IS: Alfred Marshall ← Who developed the “Keynesian Theory of Distribution”? → Who first formulated the Revealed Preference Approach to free the theory of consumer behavior from the constraint of traditional concept of utility?