Categories Economics Who first formulated the Revealed Preference Approach to free the theory of consumer behavior from the constraint of traditional concept of utility? Post author By thelooknow Post date March 30, 2022 A. Paul A. Samuelson B. John Robinson C. J.R. Hicks D. R.G.D. Alien CORRECT ANSWER IS: Paul A. Samuelson ← 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. → Who started explicitly for the first time the Law of Comparative Costs in the context of the theory of international trade?