Economy, asked by rachanasau1gmailcom, 1 month ago

what is law of variable properties

Answers

Answered by brijendranitp
0

Law of Variable Proportions or Returns to a Factor. ... 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.

Answered by affectionqueen648
1

Answer:

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

Explanation:

Hope it's helpful!!!!

Similar questions