Question

critinally examine the law of variable proportions​

Answer 1

AnSweR -:⤵⤵⤵✨

✒⭐The law of variable proportions is as follows: “If a producer increases the units of a variable factor while keeping other factors fixed, then initially the total product increases at an increasing rate, then it increases at a diminishing rate, and finally starts declining.”

Hope it helps u dear... ❤❤❤

Pls mark as brainliest....❗❗❗❗

Answer 2

Answer:

The law states that keeping other factors constant, when you increase the variable factor, then the total product initially increases at an increases rate, then increases at a diminishing rate, and eventually starts declining.

Why is it called the Law of Variable Proportions?

As one input varies and all others remain constant, the factor ratio or the factor proportion varies. Let’s look at an example to understand this better:

Let’s say that you have 10 acres of land and 1 unit of labour for production. Therefore, the land-labour ratio is 10:1. Now, if you keep the land constant but increase the units of labour to 2, the land-labour ratio becomes 5:1.

Therefore, as you can see, the law analyses the effects of a change in the factor ratio on the amount of out and hence called the Law of Variable Proportions.

law of variable proportions

hope it helps u..

have a good day