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Physical capital includes: all manufactured products used to produce goods and services. just the machinery required to produce a firm's goods. only the buildings used
Physical capital includes:
all manufactured products used to produce goods and services.
just the machinery required to produce a firm's goods.
only the buildings used for production.
education and training received by a firm's physical employees.
In addition to land and physical capital, economists consider as factors of production. raw materials and electricity
good ideas and natural resources
human capital and innovation
market intelligence and strong demand
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