What is fixed capital?
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In economics and accounting, fixed capital is any kind of real, physical asset that is used repeatedly in the production of a product. It contrasts with circulating capital such as raw materials, operating expenses and the like. It was first theoretically analyzed in some depth by the economist David Ricardo
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In economics and accounting, fixed capital is any kind of real, physical asset that is used repeatedly in the production of a product. It contrasts with circulating capital such as raw materials, operating expenses and the like. It was first theoretically analyzed in some depth by the economist David Ricardo.
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