Law of Variable Proportion।Short Run Production।Business Economics Lecture 9|UGC NET &Commerce।
Автор: Commerce Horizon
Загружено: 2025-09-01
Просмотров: 26
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In this lecture, we will discuss one of the most important concepts of Production in Economics – the Law of Variable Proportion. This topic is very useful for UGC NET Commerce, B.Com, M.Com, and competitive exams.
👉 What you’ll learn in this video:
✔ Meaning & Definition of Law of Variable Proportion
✔ Assumptions of the Law
✔ Stages of Production (Increasing, Diminishing & Negative Returns)
✔ Importance & Practical Applications in Business and Economics
This video will help you build a strong foundation in production theory and prepare effectively for exams.
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