Economy, asked by lachukichu2017, 10 months ago

in what phase of law of variable proportion a rational firm aims to operate​

Answers

Answered by moinsayyad1432
7

Answer:

ADVERTISEMENTS: A rational producer will always seek to operate in the 2nd phase of law of variable proportions. i. In the 1st phase, employment of every additional unit of variable factor gives more and more output i.e. marginal product increases.

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