![]() ENGLISH CONVERSATION « Pusat Pelatihan Bahasa Inggris DISKRIPSI CD INTERAKTIF BAHASA INGGRIS Home Adam smith capital asset depreciation durable economics s non-renewable resource physical capital production service stock. Warning: Invalid argument supplied for foreach() in /srv/users/serverpilot/apps/jujaitaly/public/index.php on line 447. You have not yet voted on this site! If you have already visited the site, please help us classify the good from the bad by voting on this site. Usually the value of land is not included in physical capital as it is not a reproducible product of human activity. The others are natural resources (including land), and labor - the stock of competences embodied in the labor force. In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function. ![]() The production function takes the general form Y=f(K, L), where Y is the amount of output produced, K is the amount of capital stock used and L is the amount of labor used. ![]()
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