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Law of Returns to Scale and Various Relationships

Lesson 5 of 5 • 1 upvotes • 11:17mins

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Kanika Goyal

Thus lessons explains the law of Returns to scale with its different stages and how it is different from law of Variable Proportions. It also covers the various relationship between the different types of product namely - TP, MP and AP

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1

Overview of the Course

2:40mins

2

Phases of Production

8:18mins

3

Concepts of Product

8:37mins

4

Law of Variable Proportions

10:11mins

5

Law of Returns to Scale and Various Relationships

11:17mins

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