Question

Law of variable proportion explains three stages of production. In the first stage of production: *
2 points
Both MP and AP rise
MP rises
AP Falls
MP is zero

Answer 1

Hey mate !!

Here is ur Answer ⤵️

The Law of Variable proportions has three stages, which are discussed below. First Stage or Stage of Increasing returns: In this stage, the total product increases at an increasing rate. ... Third Stage or Stage of Negative Returns: In this stage, the total product declines and the marginal product becomes negative.

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Answer 2

Answer:

(a) both MP and AP rises

Because at first stage, TP rises