Question #85365

What is the diagram for Law of variable proportion

Expert's answer

Keeping other factors fixed, the law explains the production function with one factor variable. In the short run when output of a commodity is sought to be increased, the law of variable proportions comes into operation.

Source:

https://www.economicsdiscussion.net/law-of-variable-proportions/law-of-variable-proportions-with-diagrams/6900


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