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 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?
Tnx sir ❤️❤️🔥
Love from Bangladesh 🇧🇩
Thanks
Thank you sir!! Love from India!!
Thank you Sir. Very easy to understand.
very well explained
Thank you!
Very helpful video, thanks
Thank you so much
Thanks for the video sir 🙏🏻
This was very helpful. Thanks!
Hare Krishna 🙏
Perfect
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
nice hair
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
I have one question ....
Does law of variable proportion apply only in agriculture ?
Kamala Subedi mostly
mostly