define land labour working capital and physical capital
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Physical capital is the variety of inputs required at every stage during production. It includes fixed capital and working capital. ... Raw materials and money in hand are called working capital. Unlike tools and machines, these are used up in production.
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Physical capital:- Physical capital is the variety of inputs required at every stage during production. It includes fixed capital
working capital :- Raw materials and money in hand are called working capital. Unlike tools and machines, these are used up in production.
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