what is capital? Distinguish between physical question and working capital
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variety of inputs required at every stage during production are called physical capital.
raw material and money in hand are called working capital.
raw material and money in hand are called working capital.
vaibhav7891:
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Capital is the Wealth in the form of money or other assets owned by a person or organisation or available for a purpose such as starting a company or investing.
Physical capital - The physical capital, i.e. the variety of inputs required at every stage during production.
Working capital - Raw materials and money in hand are called Working capital. Unlike tools, machines and buildings, that are used up in production.
Hope it helps u...
Physical capital - The physical capital, i.e. the variety of inputs required at every stage during production.
Working capital - Raw materials and money in hand are called Working capital. Unlike tools, machines and buildings, that are used up in production.
Hope it helps u...
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