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| 1. |
What is law of variable proportion? Relationship between TC or MC ? |
| Answer» Sorry, i can\'t help u with the 2nd question ?☺️<br>Law of variable proportion :According to the law:" in short period, keeping all the factors fixed and only one factor variable. Initially TP increases in increasing rate, TP increases at diminishing rate goes to maximum and then TP declines. MP rises, MP starts to fall but positive and goes to zero, then MP becomes negative. | |