Let's look more closely at the law of limiting factors, for instance, the relationship between light intensity and the rate of photosynthesis:
Or for carbon dioxide concentration:
With the law of limiting factors, each factor does not work in isolation. Several factors may interact and it may be any one of them that is limiting photosynthesis.
One example of how factors might interact:
The graph shows how carbon dioxide concentration and temperature interact with the effect of light intensity on photosynthesis:
This graph shows the effect of temperature as a limiting factor at two different carbon dioxide concentrations of carbon dioxide: