Explain the law of variable proporstion with the help of total and marginal physical production

Explain the law of variable proporstion with the help of total and mar

1.	Explain the law of variable proporstion with the help of total and marginal physical production
Answer» The\xa0law of variable proportions state\xa0that as the quantity of one factor is increased, keeping the other factors fixed, the\xa0marginal product\xa0of that factor will eventually decline.\xa0The\xa0law of variable proportions\xa0is as follows: “If a producer increases the units of a\xa0variable\xa0factor while keeping other factors fixed, then initially the total product increases at an increasing rate, then it increases at a diminishing rate, and finally starts declining.”