Question on: SS2 Economics - Laws of Variable Proportion
Give an example of how the law of variable proportions applies in the real world.
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One example is a restaurant trying to increase the production of a popular dish by adding more cooks. Initially, adding more cooks may result in a proportional increase in the number of dishes produced. However, as more and more cooks are added, the kitchen may become overcrowded and inefficient, leading to a decreasing rate of increase in production.
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