Law of variable proportion can also be applied in manufacturing firm as well Because when you add variable input (Labor, raw material , energy etc) then first total product will increase at the increasing rate in a manufacturing firm, then total product will increase at the diminishes rate when you add more input labor and finally total product will decrease eventually in a manufacturing firm First it was considered that law of variable proportion can only be applied to an agriculture but now the world has changed too much
The one in whole internet who was able to explain it clearly, thanks bunch
Thanks
Tnx sir ❤️❤️🔥
Love from Bangladesh 🇧🇩
Thanks for the video! It really helped me to understand why we should stay in stage II :)
Hello girl, it seems you are interest by production?
Thank you Sir. Very easy to understand.
Very helpful video, thanks
Thank you sir!! Love from India!!
very well explained
Thank you!
Thanks for the video sir 🙏🏻
Nice presentation! how do those stages relate to the input elasticities?
I have one question ....
Does law of variable proportion apply only in agriculture ?
No bro it applies on all short run production
I have one question ....
Does law of variable proportion apply only in agriculture ?
Law of variable proportion can also be applied in manufacturing firm as well Because when you add variable input (Labor, raw material , energy etc) then first total product will increase at the increasing rate in a manufacturing firm, then total product will increase at the diminishes rate when you add more input labor and finally total product will decrease eventually in a manufacturing firm First it was considered that law of variable proportion can only be applied to an agriculture but now the world has changed too much
Thank you so much
Hare Krishna 🙏
I have one question ....
Does law of variable proportion apply only in agriculture ?
Kamala Subedi mostly
mostly
This was very helpful. Thanks!
Perfect
nice hair