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Production and cost — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost1 Mark
Question
Law of variable proportion is valid when _____________.
  1. Atleast one input is fixed and all other inputs are kept variable.
  2. All factors are kept constant.
  3. All inputs are varied in the same proportion.
  4. None of the above.
✓

Answer

  1. Atleast one input is fixed and all other inputs are kept variable.

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