Explain law of variable returns with the help of a diagram?
Answers
Answered by
0
Answer:
you can be a good time to be the first to comment on this device is not a problem with the class is u can write about something else and I am fine with me and I am fine with me and I am fine with me and I ttttt
Answered by
3
The diagram indicates, how the total product and marginal product changes as a result of increases in the quantity of one factor to a fixed quantity of other factors. (a) First stage : Increasing Return to a Factor: In the first stage, every additional variable factor adds more and more to the total output.
Attachments:
Similar questions