The capital that is consumed by an economy or a firm in the production process is known as

Tulia Senapati 5 years ago

Yes

Avsum Altaf 5 years ago

While producing good in short run, we use fixed (capital) and variable (labour) if we increase the production we have to increase the labour and also having wear and tear to capital ( reaming is still as capital) , so we cost depreciation to the capital.

Aqeel Alvi 6 years ago

how

Ajay Sah 6 years ago

why not production cost....can anyone explain

Movie World 8 years ago

It should be "Capital"

Movie World 8 years ago

How?

Samir Nayak 8 years ago

The capital that is consumed by an economy or a firm which is an expenditure bear by firm called as wear and tear cost. :)

Rukhsar Saifi 8 years ago

Is'nt it production cost? If m ryt

Ritika Maurya 8 years ago

I think I got it. Capital is the factor of production and not the cost of production. Am I right?

Ritika Maurya 8 years ago

land, labour and capital are the production cost, isn't it? then why depreciation?

Safdar Alam 8 years ago

how

Sumitra Jnyan 8 years ago

Depreciation in general said as the cost of wearing and tearing in the production process. how you said 'D' the right answer?

Pooja Singh 9 years ago

I didn't get