shot run production function is called a.law of variable proportions b.law of return to scale c.law of supply d.law of demand
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- The Law of Variable Proportions or Returns to a Factor plays an important role in the study of the Theory of Production. In this article, we will look at the meaning, explanation, stages, significance, and reasons behind the operation of the Law of Variable Proportions.
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Short run production function is called law of variable proportions.
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