How machinery as a stock variable is measured at a particular point of time? Explain in detail
Dear student,
Machinery is a stock variable as it is measured at a particular point of time. For example, we say that on date 12. 7. 2017 the machinery held by a firm is x units.
Machinery is a stock variable as it is measured at a particular point of time. For example, we say that on date 12. 7. 2017 the machinery held by a firm is x units.