Question

List ten example of physical capital

Answer 1

Answer:

Explaining Physical Capital

In neoclassical economic theory, factors of production are the inputs required to engage in the production of goods or services in pursuit of profit. Economists generally agree that there are three main factors of production:

KEY TAKEAWAYS

In economic theory, physical capital is one of the three factors of production.

Physical capital consists of tangible, man-made objects that a company buys or invests in and uses to produce goods.

Physical capital items, such as manufacturing equipment, also fall into the category of fixed capital, meaning they are reusable, and not consumed during the production process

Answer 2

Answer:

1.Manmade good

2.Cash

3.real estate

4.equipment

5.inventory

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