Question

4. Explain the law of variable proportion in terms of Total product
using a diagram : ​

Answer 1

Explanation:

Solution : According to the Law of Variable Proportions as only one input is increased, other remaining unchanged, the total product increases at an increasing rate, then at a decreasing rate and ultimately falls. Phase I In the first phase, TP increases at an increasing rate upto point A.

Please mark as branliest

Answer 2

Answer:

Law of variable proportion states that as more of the variable factor input is combined with the fixed factor input, a point will eventually be reached where the marginal product of the variable factor input starts declining.

Explanation:

surely follow and make me brain list