Economy, asked by mohithira39, 6 hours ago

how would you classify the following as sunk capital or floating capital give reasons for it ​

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Answered by smrutij068
1

Answer:

A sunk capital is one which can only be put to a single use. It is also known as a specialised capital. It always remains in a fixed place. ...

.A floating capital is the capital which can be used in alternative lines of production. It is also called free capital.

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