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Distinguish between sunk and floating capital. Give an example of each. - Economic Applications

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Distinguish between sunk and floating capital. Give an example of each.

Distinguish between sunk capital and floating capital.

Distinguish Between

Solution

  Sunk capital Floating capital
i. Sunk capital is one that can only be put to single use. Floating capital is one which can be put to several uses.
ii. e.g. a printing machine can only be put for printing. e.g. money, fuel, electricity, steel, etc.
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Chapter 1: Factors of Production - QUESTION BANK [Page 35]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
QUESTION BANK | Q 32. | Page 35
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTIONS | Q 38. | Page 115
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 4 Factors of Production
QUESTION BANK | Q 21. | Page 119
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 31. | Page 30

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