Question

Explain law of variable proportion with the help of schedule and diagram.​

Answer 1

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.

Answer 2

Answer:

The law of Variable Proportions:

Explanation:

If the producer increases the units of a variable factor while keeping other factors fixed, then initially the the total product increases at an increasing rate, then it increases at a diminishing rate and finally starts declining.