Question

factor of production which can be used in production over many years
(a) working capital
(b) fixed capital
(c) human capital
(d) physical capital
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Answer 1

Answer:

working capital

Explanation:

The tools, machines, buildings which can be used in production over many years are called fixed capital. Working capital: Production requires a variety of raw materials. It requires money to make payments and buy other necessary items. Raw materials and money in hand are called working capital

Answer 2

Answer:

(b) fixed capital

Hope it helps you.