Question

How will you treat the following as fixed or as circulating capital: [7] (i) Factor building (ii) Machines (iii) Stocks of raw materials lying in a factory (iv) A car owned by a taxi driver (v) Coal used in a factory (vi) Cotton used by a doct​

Answer 1

Answer:

Whereas weather refers to short-term changes in the atmosphere, climate describes what the weather is like over a long period of time in a specific area. Different regions can have different climates. To describe the climate of a place, we might say what the temperatures are like during different seasons, how windy it usually is, or how much rain or snow typically falls.