Question

reason of law of variable proportion ​

Answer 1

reasons for law of variable proportions:

Law of Variable Proportions or LVP is one of the most important laws of production. It shows the nature of rate of change in output due to a change in variable factors.






In the short run, when one input is variable and all other inputs are fixed, the firm’s production function exhibits the law of variable proportions. This law shows the nature of rate of change in output due to a change in only one variable factor of production.

Answer 2

Answer:

it shows the rate of change in outputs and change in demand