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Bipina Poudel
3 years ago Grade -12 (NEB) > Management Economics

Variable factor proportions obtain in the short run

Variable factor proportions obtain in the short run, give reason for this staments.

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  • Variable factor proportions obtain in the short run.
  • Variable factor proportions obtain in the short run.give reason
  • Variable factor proportions obtain in the short run.why?
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1 Answer

Bipina Poudel
3 years ago Answer Link CTEVT > Diploma/PCL > PCL In Medical Lab Technology Revised 2019

Short-run is a period of time in which some factors are variable, and at least one factor is fixed. The level of output in a firm can be increased only by increasing the number of variable factors. The quantity of fixed input remains unchanged at different levels. Therefore, when variable factors are increased, whereas the quantity of fixed factor remains unchanged, the proportions between variable factors and fixed factors get changed. These are known as variable factor proportions.

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