Capital-2
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Episode 138

The employed capital is here equal to the capital advanced for 5 weeks, multiplied by the number of periods of turnover per year. The capital employed during the year is 500 times 10, or £5,000. The capital advanced during the year is 5,000/10, or £5,00. Indeed, although the £500are always re-employ...

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Capital-2

Episode 138

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