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At the start of the year, Natalia used $10,000 of her savings to purchase a taxi. During the year she made a profit of $30,000.
At the start of the year, Natalia used $10,000 of her savings to purchase a taxi. During the year she made a profit of $30,000. At the end of the year, the purchase price of similar taxis has increased to $20,000. a) Briefly outline the difference between financial capital and physical capital. b) Calculate how much Natalia can withdraw from the business at the end of the year if she wants to maintain her i) Financial capital. Physical capital
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