Ask Question
13 August, 01:25

In economics, the term "capital" refers to

+2
Answers (1)
  1. 13 August, 04:15
    0
    In economics the term ""capital" refers to buildings and equipments.

    The term capital has many definition according to the subject, it is changed in every field. In economics production has three factors and the term capital is one of the factor of production. Other factors of production are land and labor, together all three factor makes the production.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In economics, the term "capital" refers to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers