Social Sciences, asked by beenafaisalhb1105, 1 year ago

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 yukteedivyaa

3

Answer:

(b)Fixed physical capital

Explanation:

Once a farmer has brought the plough, he will use it for a long period of time and it does not get exhausted with every use.

Thus it is a fixed physical capital.

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