Farmer’s plough is an example of which factor of production ?
(a) Natural resource (b) Fixed physical capital
(c) Human capital (d) Variable capital
Answers
Answered by
8
Explanation:
Farmer's plough is example of Fixed Capital ofproduction. Farmer plough is an example of primary sector. Primary sector is the sector of economy related to the primary industry.
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4
Answer:
fixed capital factor of production is the correct answer
hope it helps
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