Question

Define fixed capital...​

Answer 1

Answer:

fixed capital is any kind of real, physical asset that is used repeatedly in the production of a product. In economics, fixed capital is a type of capital good that as a real, physical asset is used as a means of production which is durable or isn't fully consumed in a single time period.

Answer 2

Those materials which can be used in production over many years are called FIXED CAPITAL . for example, Tools, machines and buildings ...