What is law of variable proportion with ASSUMPTION ?
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Answered by
57
Heya...
See here for your answer...
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Law of variable proportion :-
It states that when we continuously add the variable factors along with some fixed factors then the marginal product must rise once , and with more additional unit of variable factor it goes to be dimnish and becomes zero and negative...
Assumptions :-
* Technology of production remains constant ...
* Variable factor should be homogeneous...
* Ideal ratio of fixed and variable factors can be changed...
Thank you
See here for your answer...
=================
Law of variable proportion :-
It states that when we continuously add the variable factors along with some fixed factors then the marginal product must rise once , and with more additional unit of variable factor it goes to be dimnish and becomes zero and negative...
Assumptions :-
* Technology of production remains constant ...
* Variable factor should be homogeneous...
* Ideal ratio of fixed and variable factors can be changed...
Thank you
Anonymous:
sexy
Answered by
4
heya!!
here is your answer⤵️⤵️
Law of variable proportion means that :
One quantity is increasing and another is fixed in rate.
Law of variable proportions with assumptions ;
It states that Technique of production should remain constant after production.
hope my answer helps you
here is your answer⤵️⤵️
Law of variable proportion means that :
One quantity is increasing and another is fixed in rate.
Law of variable proportions with assumptions ;
It states that Technique of production should remain constant after production.
hope my answer helps you
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