Question

What Is the Incorrect Assumption for the Law of Variable Proportions?

Answer 1

Incorrect assumption for the law of variable proportions is that the proportion of the factors of the production remains the same.

Also read:

• Total Product Average Product and Marginal Product
• Meaning of Demand and Factors Affecting Demand
• Law of Variable Proportion
• The Law of Diminishing Marginal Product and the Law of Variable Proportions

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