in which phase of law of variable proportion a rational firm aim to operate??
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Heya mate...
Diminishing returns to factor phase 2❤️
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Answer:
here is ur answer
Explanation:
Any rational producer avoids the first as well as third stages of production. Therefore, producers prefer Stage II – the stage of diminishing returns. This stage is the most relevant stage of operation for a producer according to the law of variable proportions.
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