Which stage of the Law of Variable Proportions is inefficient for production?First stageSecond stageThird stageFourth stage
Question
Solution 1
The third stage of the Law of Variable Proportions is considered inefficient for production. This is because, in this stage, the total product decreases as more units of the variable input (like labor) are added to the fixed input (like capital). This leads to a negative marginal product, indicating Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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