In case of law of variable proportions, point of inflexion is where: •
Right Answer is: B
• The Law of Variable Proportions is also known as the Law of Proportionality.
• The law explains the production function with one-factor variable, keeping other factors as fixed.
• In the case of the law of variable proportions, the point of inflexion is where Total Product stops increasing at the increasing rate and starts increasing at the decreasing rate.