CUET Preparation Today
Which one of the following leads to the law of variable proportions? |
One factor is constant. Some factors are more efficient than others. Specialisation of factors. None of the factors are constant. |
One factor is constant. |
The correct answer is Option (1) → One factor is constant. The law of variable proportions arises because factor proportions change as long as one factor is held constant and the other is increased. The law states that as more units of a variable factor are added to a fixed factor, the marginal product of the variable factor initially rises, then diminishes, and may eventually become negative. |
