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Concept Version 7
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Inputs and Outputs of the Function

Capital Goods

Capital Goods

Capital equipment, like these motor graders, can vary in the long run but are fixed in the short run.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "FM CN 668080."
    http://en.wikipedia.org/wiki/File:FM_CN_668080.jpg Wikipedia CC BY-SA.

Related Terms

  • rental rate
  • capital
  • marginal product
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