Define fixed capital. (VI) key concept-Factors of production. Facioos of Production- The essenti...

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Define fixed capital.
(VI)
key concept-Factors of production.
Facioos of Production- The essential inputs which are requeired for the production of geods and Services are known as Factors of production.

Fixed capital- The tactors of producoton twels like, machine and berildings which can be used over many years caured, fixed capital.
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