answersLogoWhite

0

Vrry smpl.all d assumption r limitation.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

How do you explain the law of variable proportion?

Explain the Law of Variable Propotion


What is Definition of law of variable proportion?

The law of variable proportion is basically a study of production functions. The factors used include fixed and variable factors.


What cause the application of law of variable proportion?

Causes of law of variable proportions


What is Table and diagram of law of variable proportion?

it elasticity


Law of variable proportion and law of returns to scale?

Under Law of variable proportion: only one variable input varies all other variable kept constant. Under Law of Return to Scale: All the variable inputs varies except the enterprise. Law of variable proportion is for short period; law of return to scale is for long period. Law of variable proportion shows the relationship if one variable input increase (eg: Labour) by keeping all other variable constant; total product and marginal product increase upto a certain point after that it will increase at a diminishing rate. it shows in three stage first increase then constant and then decrease. Law of return to scale shows the relationship between inputs and output at three different stages: 1. output increase more than inputs, 2. output and input are constant, 3. output is less than proportionate input.


Does law of variable proportion apply only in agriculture?

No. It also applies to mathematics in general.


Is a proportion an example of a continuous variable?

No


Relationship between manipulated variable and responding variable?

direct proportion


Explain the law of variable proportions with suitable diagram?

in the process of production, in short run where producer changes few factors of production , i.e; varies the proportion between fixed factors and variable factors then production changes by three ways -at first production increases rapidly - at second production increases slowly - at third production decreases. the analysis of these procedures is known as law of variable proportion.


A variable cost changes in proportion to changes in the volume in activity?

the answer is Variable Cost


What are the limitations coulombs law?

Limitations of coulombs law


What are the limitations of law of reciprocal proportion?

The law of reciprocal proportions doesn't account for all chemical reactions, as it specifically applies to binary compounds with fixed ratios of elements. It also doesn't consider the possibility of isotope variations or complex stoichiometries involving more than two elements. Additionally, the law may not be applicable to reactions involving ions or compounds with variable oxidation states.