Economics · Theory of Production and Cost
The relationship between variable input and output, keeping all other inputs constant, is called the ______.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1law of variable proportions✓
- 2total product of variable input
- 3marginal product
- 4law of diminishing marginal product
Correct answer
law of variable proportions
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