Question

Explain fixed capital in class 9 eco

Answer 1

fixed capital

Explanation:

• Fixed capital are those assets which remains constant during the business's operations over a long period of time.

• And its main objective is not to earn profit but to be used as a tool in production over the course of business.

• It can also be defined as a long-term investment for the business.

• One of its feature is to get depreciated over the time.

Examples of fixed capital are

• Buildings, machines, tools, car, computer ,trucks etc.

Answer 2

Answer:

Fixed capital are those assets which remains constant during the business's operations over a long period of time.

And its main objective is not to earn profit but to be used as a tool in production over the course of business.

hope it helps u