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(also called indirect costs) these do not vary with the amount of production (output) and include rent; insurance; interest. They have to be paid even if production does not take place.
that part of physical capital that promotes the good of society such as schools.
workers trained at formal training institutions; such as a university; and have papers to prove...
(also called an index) a series of index numbers with a fixed time period; such as a year or a...