The Law of variable proportions Explained. The law of variable proportion is one of the fundamental laws of economics. It is the generalized form of Law of Diminishing marginal return. The law of variable proportion…
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This law is related to short-run production function. This law examines production function keeping one factor as fixed and other factors as variable.
According to the law of conservation of mass, during chemical reaction matter is neither created nor destroyed. Thus in a chemical reaction, total mass of the products is equal to the total mass of the reactants.
This law was put forward by Dalton in 1803. This law is applicable when two elements combine to give more than one chemical compound.