21. Which of the following is fixed
capital?
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Explanation:
Examples of Fixed Capital Formation
- The building or expanding existing factory.
- Purchase of transport equipment.
- Office equipment, such as computers, printers.
Machinery used in the productive process.
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Fixed capital includes the assets that are needed to start up and conduct business. These assets are considered fixed as they are not consumed or destroyed during the actual production of a good or service but have a reusable value.
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Fixed capital includes the assets that are needed to start up and conduct business. These assets are considered fixed as they are not consumed or destroyed during the actual production of a good or service but have a reusable value.
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HAVE A NICE DAY
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