Method and methodology of capital goods used by a transport company,a firm,a stall supplying pan ,Bidi,a restaurant,a bicycle shop
Answers
1) The transport company makes use of capital goods like workshop equipment, air filling equipment, petrol dispensing equipment.
2) A stall supplying pan makes use of metal ores, furnace for melting iron, rollers for shaping the hot molten metal.
3) A Bidi shop uses tobacco and coating of bidi.
4) A restaurant uses the raw materials to cook the different foods.
5) A bicycle shop uses gas filling equipment to fill gas, tools like screwdriver to tight screws, wrench and other to do mechanical work.
Solution: Different kinds of capital goods used by: a transport company is Lorries, trucks for transferring goods or cars, buses for carrying passengers.
Farm uses barn, harvesters and seed sowers. Similarly, a stall supplying pan and bidi should have a shop or little stalls.
A restaurant and bicycle shop should have kitchen utensils, furniture, and wash or repair stations, bike repair kits respectively.