Question

short run production function is called?
1.law of variable proportion
2.law of return to scale
3.law of supply
4.law of demand​

Answer 1

Answer:

4.law of demand

Explanation:

4.law of demand..........

Answer 2

Answer:

Question:-

The short-run production function is called?

1. Law of variable proportion
2. Law of return to scale
3. Law of supply
4. Law of demand

Answer:-

• The short-run production function is called -

• Law of variable proportion.

Explanation:-

LAW OF VARIABLE PROPORTIONS.

• This Law plays a very important role in probing the Theory of Production.
• This shows the short-run production functions in which one factor fluctuates while the others are fixed.

What is the Law of Variable Proportions?

• "If a producer increases the units of a variable factor keeping other factors fixed, then the total product increases at an increasing rate, then it increases at a diminishing rate, and finally starts declining."