Question

define law of variable proportion. explain the law of variable proportion​

Answer 1

Answer:

The law of variable proportions states that as the. quantity of one factor is increased, keeping the other. factors fixed, the marginal product of that factor will. eventually decline

Answer 2

Answer : The law of variable proportions states that when more and more variable factors are combined with fixed factor the marginal product increases initially then comes a situation where it increases at a diminshing rate and finally decreases offering negative returns