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

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

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

  1. Capital loss
  2. Production cost
  3. Dead-weight loss
  4. Depreciation

Answer: Depreciation

Demand and Supply MCQs
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