Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Consumption of capital good in the process of production is called as

/ » Micro Economics 1 solved MCQs / By
Question:

Consumption of capital good in the process of production is called as

A.

Capital Consumption

B.

Depreciation

C.

Decay of Capital

D.

None of the above

Answer» b. Depreciation

Note: The above multiple-choice question is for all general and Competitive Exams in India.