expalin law of variable proportion and relation with various stages of production in short run with the help of schedule and graph
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The Law of Variable Proportions or Returns to a Factor plays an important role in the study of the Theory of Production. In this article, we will look at the meaning, explanation, stages, significance, and reasons behind the operation of the Law of Variable Proportions.
Browse more Topics under Theory Of Production
Production Function
Returns to Scale
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