What is fixed capital?
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Answered by
21
Answer:
hi mate
in short,
FIXED CAPITAL. Tools ,machinery, buildings ----- these are fixed capital. If The things necessary for production are fixed then those are called as fixed capital . It is a type of physical capital.
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Answered by
7
Answer:
fixed capital refers to the capital that can be used over and over again. this capital lasts for a long time. examples machines and tools
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