Economy, asked by thivakarthivakar89, 3 months ago

what are the three stages of law of production ​

Answers

Answered by malleshgl1980
1

Answer:

on

Explanation:

There is no difference between fixed and variable factors of production. There are 3 stages namely, increased returns, constant returns, and decreasing returns, and no stage is considered best for the long run. Q2. State the Law of Variable Proportion with its Assumptions.

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