a) what is kishora's fixed capital ?
b) what do you think would be his working capital ?
c) In how many production activities is kishora involved?
d) would you say that kishora has benefitted from better roads in palampur ?
please note that -( if the answer extends than 2 lines I will report the answers) note that!!!!!!!!!!!
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6
Answer:
(i)Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank loan. (ii)The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.
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what do you think would be his working capital
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