Question

explain law of variable proportion with the help of schedule and diagram​

Answer 1

Answer:

Keeping other factors fixed, the law explains the production function with one factor variable. In the short run when output of a commodity is sought to be increased, the law of variable proportions comes into operation. ... Land is a fixed factor whereas labour is a variable factor.

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.