Economy, asked by NakshBaria, 1 year ago

What is the law of variable proportions?

NCERT Class XII
Economics - Introductory Microeconomics

Chapter 3. Production and Costs

Answers

Answered by sowmyasreemajj
0
The law of variable proportions states that as the quantity of one factor increases,keeping the other factors fixed,the marginal product of that factor will eventually decline.
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