Question

Law of variable proportion is related to ______.

विकल्प

• short-run

• long-run

• very long-run

• both short-run and long-run

Answer 1

Law of variable proportion is related to short-run.

Explanation:

The law of variable proportions examines how output changes when a variable factor increases while at least one other factor remains fixed. In the long run, all factors are variable, and production is analysed through returns to scale.