law of variable proportion & negative return to a factor are same things?
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“The law of variable proportion states that if the inputs of one resource are increased by equal increment per unit of time while the inputs of other resources are held constant, total output will increase, but beyond some point, the resulting output becomes higher will become smaller and smaller.”
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The law of variable proportion states that if the inputs of one resource are increased by equal increment per unit of time while the inputs of other resources are held constant, total output will increase, but beyond some point, the resulting output becomes higher will become smaller and smaller
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