The aim of production is to produce the goods and services that we want. There are some requirements for the production of goods and services. i.What is the first and foremost requirement for the production of goods and services?
ii. Differentiate between fixed and working capital.
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Answered by
2
Answer:
answer 1 a) land b) labour c ) physical capital d ) human capital
Explanation:
fixed capital :: BUILDING, MACHINES , TOOLS IS KNOW AS FIXED CAPITAL THEY CAN USE OVER MANY YEARS
WORKING CAPITAL :: RAW MATERIALS AND MONEY IN HAND IS KNOWN AS WORKING CAPITAL . RAW MATERIALS ARE USED IN ONE TIME ONLY
Answered by
1
Answer:
because they want followers
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