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Explain the law of variable proportion …

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Explain the law of variable proportion on the basis of behaviour of marginal product. Use diagram

Posted by Seema Kumari 7 years, 1 month ago

CBSE > Class 11 > Economics

3 answers

Chesta Pawan Manchanda 7 years, 1 month ago

In the case of marginal product the variable proportion will be changeable where as other products remain constant and additional input (mp) firstly increase then decrease and finally become zero or negative .

Kapil Upadhyay 7 years, 1 month ago

On the basis of mp lvP states that as we inc. quantity of only 1input keeping other inputs fixed & constant initially mp inc. then mp dec. Bt remain positive &finally mp becomes negative

Seema Kumari 7 years, 1 month ago

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