economicsRajiv has a textile firm. For carrying out production, Rajiv spent money on procuring thread from traders, buying machines and equipment and built a warehouse to store the cloth produced. The expenditure incurred by Rajiv for conducting the production process is termed as:
Rajiv has a textile firm. For carrying out production, Rajiv spent money on procuring thread from traders, buying machines and equipment and built a warehouse to store the cloth produced. The expenditure incurred by Rajiv for conducting the production process is termed as: