The law of variable proportion state that if the quantities of variable factor of production are used with fixed factor, after a certain point,
each successive unit of the variable factor brings about a decreasing marginal product
each successive unit of the variable factor bring about equal increase in marginal product
each successive unit of the variable factor bring about an increasing marginal product
each successive unit of the variable factor bring about four time increase in marginal product
each successive unit of the variable factor bring about more than equal increase in marginal product
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Several errors are being pointed out. My suggestion is that a thorough check should be done so as to prevent confusion in our academics
Please, I honestly think this question should be cross-checked, or a textbook should be referred to, to ascertain the right law of diminishing returns or variable proportions. Thank you. 'Fundamentals of Economics', is a good textbook.
The answer should be A. If you read the law of diminishing returns one would understand
