Economics · Theory of Production
The Law of Variable Proportions operates under the core assumption that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1When marginal production falls, total production is always at its maximum
- 2Some factors of production are kept fixed while one is varied✓
- 3Utility is maximized when marginal production falls to zero
- 4When marginal cost falls, total production must decrease
Correct answer
Some factors of production are kept fixed while one is varied
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Theory of Production MCQs →Want more practice questions on Theory of Production?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Theory of Production