What is physical Capital Explis its two types
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Physical capital refers to the resources that are used for production. Raw material and money in hand are working capital that get used up during the production process. Fixed capital refers to buildings and tools that can be used over for years.
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Explanation:
Physical capital refers to the resources that are used for production. Raw material and money in hand are working capital that get used up during the production process. Fixed capital refers to buildings and tools that can be used over for years
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