what capital did mishrilal need to setup his jaggery manufacturing unit who provides the labour in this case
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Mishrilal required fixed capital which is the sugarcane crushing machine in his case and working capital which is the money for the ourchase of sugarcane for crushing and for the purpose of paying electricity bills for crushing the sugarcane.
His family and he himself will be providing the labour or he may put to work landless labourers.
His family and he himself will be providing the labour or he may put to work landless labourers.
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Answer: (1) Mishrilal used both the capitals, working and fixed. Fixed bcz he bought the machine only once and working bcz of the cost of electricity used by the sugarcane crushing machine.
(2)Mishrilal himself and his family members provide the labour in this case.
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