Rohan owns a fumiture making factory in the outsidrts of Palamput
a) What will be the working and fixed capital used by Rohan?
b) What kind of labour will Rohan employ and why?
c) Which will be the most important factor of production used by Rohan?
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Answer:
Explanation:a) working capital will be laber and fixed capital will be factory.
B) unskilled labour
C)
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ANSWER : (a) Working capital will be money loans , Woods for making furniture for set up industry and also money in hand. Fixed capital will be best machines that performs required work
(b) Rohan should employ monthly basis salary labours because he need them 30 days a month .
(c) the most important factor of production is the interprenuer or the person who is a human capital.
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