define fixed capital according to village of palampur? 50 words
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Physical capital: Physical capital is the variety of inputs required at every stage during production. ... The tools, machines, buildings which can be used in production over many years are called fixed capital.
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4
Answer:
Fixed capital : Assets at capital investment that are needed to start production of goods or services . Its includes building, machines, turbine computer,etc. These can be used in production over many years , thus are fixed in nature.
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