Theory of Production | Conditions of Applicability of Law of Variable Proportions | Part-2.1 | EK:)
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- Опубліковано 13 жов 2024
- Hello learners,
In this lecture we discuss the Conditions or Causes of Applicability of Law of Variable Proportions, In which sectors it is applicable and Postponement of the law.
It includes the following points:
Conditions or Causes of Applicability of Law of Variable Proportions
i) Under Utilisation of Fixed Factor
ii) Fixed Factors of Production
iii) Optimum Production
iv) Imperfect Substitutes
Applicability of Law of Variable Proportions
i) Application to Agriculture
ii) Application to Industries
Postponement of Law of Variable Proportions
i) Improvement in Technique of Production
ii) Perfect Substitute
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#Conditions
#Causes
#Applicability
#Agriculture
#Industries
#Postponement
Thank you!!
EK:)
Mam theory of production k sirf ek hi lecture k notes available hai telegram pe??
nhi bche..sbi hai..aap search krke then aage aage krte jana sb vhi pe mil jayege
Is law of variable proportion also knows as law of dimminshing returns ?
law of variable proportions includes increasing, constant and diminishing returns...
@@EnlightenKnowledge thnx and is this videos sufficient for bcom managerial economics exam ??
yes...
Thanks man
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Thank you madam
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