Economy, asked by sahij920, 7 months ago

law of variable proportion is related with:​

Answers

Answered by varunbajaj650
1

Answer:

The Law of Variable Proportions concerns itself with the way the output changes when you increase the number of units of a variable factor. Hence, it refers to the effect of the changing factor-ratio on the output

Explanation:

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Answered by ampriya94
2

Answer:

Law of Variable Proportions occupies an important place in economic theory. This law is also known as Law of Proportionality.

Keeping other factors fixed, the law explains the production function with one factor variable. In the short run when output of a commodity is sought to be increased, the law of variable proportions comes into operation.

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