Video News CNNChat with us in Facebook Messenger. Find out whats happening in the world as it unfolds. Home Adam smith capital asset depreciation durable economics s nonrenewable resource physical capital production service stock. Archives and past articles from the Philadelphia Inquirer, Philadelphia Daily News, and Philly. Crack Terminal Server Licensing 2012 Presidential Candidates' title='Crack Terminal Server Licensing 2012 Presidential Candidates' />In economics, physical capital or just capital is a factor of production or input into the process of production, consisting of machinery, buildings, computers, and the like. The production function takes the general form YfK, 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. Xara Web Designer Keygen Download Cs6. In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function. The others are natural resources including land, and labor the stock of competences embodied in the labor force. Physical is used to distinguish physical capital from human capital a result of investment in the human agent, circulating capital, and financial capital. Physical capital is fixed capital, any kind of real physical asset that is not used up in the production of a product. Usually the value of land is not included in physical capital as it is not a reproducible product of human activity.