DSSSB 14 August 2024
General Knowledge
Easy

The Law of Variable Proportions assumes that:

Appeared in: DSSSB 14 August 2024

Explanation

  • The Law of Variable Proportions is a short-run economic principle.
  • The 'short run' is defined as a period where at least one factor of production is fixed (e.g., capital, land) while others are variable (e.g., labor).
  • The law examines how output changes when more units of a variable input are combined with fixed inputs.
  • Therefore, the core assumption is that some inputs are fixed while others are variable, which is characteristic of the short run.

Why Other Options Were Wrong

  • Option A: This statement describes the long run, not the short run. The Law of Variable Proportions specifically applies to the short run.
  • Option B: This contradicts the definition of the short run. The short run is characterized by having at least one fixed input.
  • Option C: This statement is incorrect. The long run is the period in which a firm can vary all its inputs. No inputs are fixed in the long run.

Related Visual

Visual explanation — Related Visual
Clinical Relevance
  • Nursing practice connection: This is primarily an exam-oriented knowledge point with limited direct bedside application, so retain Assumptions of the Law of Variable Proportions as background academic context rather than a clinical decision trigger.
  • While not a direct clinical concept, this economic principle is highly relevant to healthcare management and administration, a field many senior nurses enter.
  • A hospital manager must decide how many nurses (variable input) to schedule per shift for a unit with a fixed number of beds and equipment (fixed inputs). This law helps predict how adding more nurses will affect patient care output and efficiency.
  • Understanding this concept helps in optimizing resource allocation to avoid both understaffing (poor outcomes) and overstaffing (diminishing returns and increased costs).
How to Approach the Question
  • First, identify the key term in the question: 'Law of Variable Proportions'.
  • Recall the definition of this law. It is a short-run concept that explains how output is affected by changing one variable input while keeping other inputs fixed.
  • Analyze the definitions of 'short run' (at least one input is fixed) and 'long run' (all inputs are variable).
  • Evaluate each option against these definitions. Option D directly matches the definition of the short run, which is the context for the Law of Variable Proportions.
  • Eliminate the other options by identifying why they are incorrect. Option A refers to the long run, while options B and C misrepresent the definitions of short run and long run, respectively.
Concept Tested & Keywords
  • Concept Tested: Assumptions of the Law of Variable Proportions
  • Stem keywords: Law of Variable Proportions, assumes
  • Lead-in keywords: BEST, MOST RELEVANT CLUE

Question ID

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