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What is the importance of the law of variable p... - SS2 Economics Laws of Variable Proportion Question

What is the importance of the law of variable proportions in economics?

A

It helps us understand how changes in inputs affect output

B

It helps us understand how changes in output affect inputs

C

It helps us understand how changes in inputs affect prices

 

D

It helps us understand how changes in prices affect inputs

correct option: a
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