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According to the law of variable proportion, what happens when additional units of a variable input are added to a fixed input?a)Total production decreasesb)Average product increasesc)Marginal product increases initially, then decreasesd)Total product remains constantCorrect answer is option 'C'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared
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According to the law of variable proportion, what happens when additional units of a variable input are added to a fixed input?a)Total production decreasesb)Average product increasesc)Marginal product increases initially, then decreasesd)Total product remains constantCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for According to the law of variable proportion, what happens when additional units of a variable input are added to a fixed input?a)Total production decreasesb)Average product increasesc)Marginal product increases initially, then decreasesd)Total product remains constantCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of According to the law of variable proportion, what happens when additional units of a variable input are added to a fixed input?a)Total production decreasesb)Average product increasesc)Marginal product increases initially, then decreasesd)Total product remains constantCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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