A production theory states that " the marginal product of a factor inp

1.	A production theory states that " the marginal product of a factor input initially rises. But after reaching a certain level, it starts falling " . identify the theory.a) law of fixed proportionb) law of variable proportionc) increasing return to scaled) decreasing return to scale
Answer» Answer: The Law of Variable PROPORTIONS or RETURNS to a FACTOR PLAYS an important role ... Browse more Topics under Theory Of Production ... Suggested Videos on Law of Multiple Proportion.

A production theory states that " the marginal product of a factor input initially rises. But after reaching a certain level, it starts falling " . identify the theory.a) law of fixed proportionb) law of variable proportionc) increasing return to scaled) decreasing return to scale

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The Law of Variable PROPORTIONS or RETURNS to a FACTOR PLAYS an important role ... Browse more Topics under Theory Of Production ... Suggested Videos on Law of Multiple Proportion.

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A production theory states that " the marginal product of a factor input initially rises. But after reaching a certain level, it starts falling " . identify the theory.a) law of fixed proportionb) law of variable proportionc) increasing return to scaled) decreasing return to scale​

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A production theory states that " the marginal product of a factor input initially rises. But after reaching a certain level, it starts falling " . identify the theory.a) law of fixed proportionb) law of variable proportionc) increasing return to scaled) decreasing return to scale