What key assumptions underlie the law of variable proportions?

      

What key assumptions underlie the law of variable proportions?

  

Answers


Wilfred
1. Equally efficient successive units of ? a variable factor
2. Short-run – it operates within the short-run where at least one factor of production is fixed.
3. Constant technology i.e. there should be no changes in production techniques.
4. There must be a variable factor of production as well.
Wilfykil answered the question on February 6, 2019 at 08:23


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