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Explain the concept of consumption of …

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Explain the concept of consumption of fixed capital?

Posted by Natasha Mishra 3 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Satyam Suman 3 years, 10 months ago

Depreciation is also called consumption of fixed capital When we need to find net output from gross output then we subtract depreciation and vice versa

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