Question

Explain the meaning of physical capital and also describe its two types

Answer 1

Answer:

physical capital-means the variety of inputs required at every stage during production. and it has 2types fixed capital and working capital

fixed capital-tools, machines, building can be used in production over many years and are called fixed capital.

working capital- raw materials And money in hand are called working capital

Answer 2

Answer:

Hope it's helped............