How does higher rate of net …
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Posted by Oki Pertin 5 years, 1 month ago
- 2 answers
Yogita Ingle 5 years, 1 month ago
Capital formation implies an increase in capital assets such as plant and machinery, buildings and equipment available to the firm. Now, with a higher net capital formation, means higher capital equipments per unit of labour. This leads to a higher productivity/efficiency of labour.
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Oki Pertin 5 years, 1 month ago
0Thank You