. Define physical capital. Name two types of physical capital. Give
examples of each type.
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Physical Capital is the variety of inputs required at every stage during production. Physical Capital is of two types: (i) Fixed Capital: Tools, machines and building etc. are called Fixed Capitals. ... In this way, raw materials and money in hand is called working capital.
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the two types of physical capital are (1) working capital and(2) fixed capital
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