Social Sciences, asked by juliet8467, 1 year ago

Difference between law of variable proportions and law of returns to scale

Answers

Answered by amalprajish12
0
I think.....
The proportion of variable factors is greater than the quantity of fixed factors.
The law of returns to scale examines the relationship between output and the scale of inputs in the long-run when all inputs are increased in the same proportion. 
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