Advertisement Remove all ads

Distinguish Between the Following: Fixed Capital and Variable Capital - Economics

Distinguish Between

Distinguish between the following:

Fixed capital and variable capital

Advertisement Remove all ads

Solution

Fixed capital
Variable capital
It refers to the capital that can be used in the process of production repeatedly.
It refers to the capital that varies throughout the process of production.
It includes machinery, factory, furniture etc.
It includes raw materials, fuel, power etc.
It is durable.
It is not durable.
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Micheal Vaz Economics HSC 12th Standard Maharashtra State Board
Chapter 7 Factors of Production
Exercise | Q 1.2 | Page 61
Advertisement Remove all ads

Video TutorialsVIEW ALL [1]

Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×