State the behivour of total product under law of variable proportion
Answers
Answered by
3
Heya...
Law of variable proportion gives the various stages of marginal product and it creates the various stages to total product....
That are....
* When MP rises then total product increase at increasing rate...
* When MP dimnish then total product increase but at decreasing rate...
* When MP became zero then total product is maximum...
* When MP goes negative then Total product starts to decline...
""" Be Brainly...
Law of variable proportion gives the various stages of marginal product and it creates the various stages to total product....
That are....
* When MP rises then total product increase at increasing rate...
* When MP dimnish then total product increase but at decreasing rate...
* When MP became zero then total product is maximum...
* When MP goes negative then Total product starts to decline...
""" Be Brainly...
Answered by
0
State the behaviour of total product according to this law. The law of variable proportions state that as the quantity of one factor is increased, keeping the other factors fixed, the marginal product of that factor will eventually decline.
Similar questions