Why is land called fixed capital
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Explanation:
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fixed capital is that portion of the total capital outlay that is invested in fixed assets (such as land, buildings, vehicles, plant and equipment), that stay in the business almost permanently—or at the very least, for more than one accounting period.
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1
Explanation:
land is called a fixed capital because we don't need to buy the land again and again if you had purchased land then you can do the farming in that land again and again for a long time
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