Distinguish between the following: 2. Fixed capital and variable capital

Distinguish between the following:

2. Fixed capital and variable capital


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.

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