Examlex
Which of the following is not classified as physical capital by economists?
Property Taxes
Taxes paid by property owners to local governments based on the assessed value of their property.
Unit Variable Costs
The costs that vary directly with the volume of production, such as materials and labor.
Unit Selling Price
The amount customers pay for one unit of a product.
Break-even Point
The point at which total costs and total revenue are equal, meaning the business is neither making a profit nor a loss.
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