Stages of production are the consequences of: Option 1: Law of Diminishing Marginal Rate of Transformation. Option 2: Law of Diminishing Marginal Utility. Option 3: Law of Variable Proportions. Option 4: Law of Diminishing Returns to Scale.

The answer is 'Law of Variable Proportions.'. View full solution:

CUET Economics - Stages of production are the consequences of: | PYQs + Solutions

CUET Economics 2025 2 June Shift 1

Micro

Medium

Law of Diminishing Marginal Rate of Transformation.

Law of Diminishing Marginal Utility.

Law of Variable Proportions.

Law of Diminishing Returns to Scale.

✅ Correct Option: 3