Economy, asked by letkhosonhaokip9745, 6 months ago

State and explain the law of variable proportion.

Answers

Answered by Anonymous
1

Answer:

The law of variable proportions states that as the. quantity of one factor is increased, keeping the other. factors fixed, the marginal product of that factor will. eventually decline.

Answered by thirupathibakam1988
1

Explanation:

The law states that keeping other factors constant , when you increase the variable factor , then the total product initially increases at an increases rate , then increases at a diminishing rate , and eventually starts declining ......

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