Science, asked by akankshakarn93, 3 months ago

law of variable proportions is also known as

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Answered by Anonymous

1

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. ... Land is a fixed factor whereas labour is a variable factor.

Answered by anshswain34

1

Explanation:

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. ... Land is a fixed factor whereas labour is a variable factor.

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