Question

11. Write any four chatracteristics of capital as a
factor of production?

Answer 1

Answer:

heya ❤️

Explanation:

When economists refer to capital, they are referring to the assets–physical tools, plants, and equipment–that allow for increased work productivity. Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship....

hope it helps ☺️

Answer 2

Answer:

What are the characteristics of capital? a) Man produces capital: Capital is needed for production. Capital is the result of human efforts. b) Capital is a passive factor of production: Capital cannot produce without the active help of the labour.