What do you mean by fixed capital and working capital?give example of both
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FIXED CAPITAL
1. Product which can be used again and again in production over many years
2. They remain constant over the year
Eg- Tool,Machines, Buildings
WORKING CAPITAL
1. Product whose requirements change in the scale of production.
2. They are dynamic and keep changing
Eg- Raw materials, Money
1. Product which can be used again and again in production over many years
2. They remain constant over the year
Eg- Tool,Machines, Buildings
WORKING CAPITAL
1. Product whose requirements change in the scale of production.
2. They are dynamic and keep changing
Eg- Raw materials, Money
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1
Answer:
Explanation:
Fixed capital is defined as the stock of tangible, durable fixed assets owned or used by resident enterprises for more than one year. This includes plant, machinery, vehicles andequipment, installations and physical infrastructures, the value of land improvementsand buildings.
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