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Question
What Is the Other Name for the Law of Variable Proportion?
What Is the Other Name for the Law of Variable Proportion?
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Solution
The other name for the law of variable proportion is the law of proportionality or the law of diminishing returns.
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
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
The other name for the law of variable proportion is the law of proportionality or the law of diminishing returns.
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
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
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