एक्सप्लेन द मीनिंग ऑफ वेरिएबल कैपिटल एंड फिक्स्ड कैपिटल
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Explanation:
Fixed capital consists of assets that are not consumed or destroyed in the production of a good or service and can be used multiple times. Property, plant, and equipment are standard fixed capital items. Fixed capital assets are usually illiquid items and are depreciated over time.
Variable capital is "variable" because its value changes (varies) within the production process, as the worker can produce value over and above what he needs to live (the "necessary labor time"), which is paid in wages. As the worker produces more than he is paid in wages, he thus creates new value.
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