Question

stage of law of variable proportions begin where the MP begins to decline ​​

Answer 1

Explanation:

The law of variable proportions or diminishing returns, as stated above, holds good under the following conditions:

First, the state of technology is assumed to be given and unchanged.

Secondly, there must be some inputs whose quantity is kept fixed.

Thirdly the law is based upon the possibility of varying the proportions in which ....

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