Question

what do you mean by sunk capital​

Answer 1

Explanation:

Sunk capital is that category of capital which can be used to produce only one type of commodity or services. Examples: An ice factory, oil mill etc. Floating Capital - Floating capital includes all such items which can be put to alternate uses. The use of such commodities is not restricted for any specific purpose.

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Answer 2

Answer:

Sunk capital is the category of capital which can be used to produce only one type of comodity or service.

Ex : Ice factory, oil mill, etc.