Economy, asked by gargidas3224, 1 year ago

Suppose if you have a sugarcane crushing machine and some money in hand how will you categorise these resources

Answers

Answered by HimanshuAhlawat
39
I will categorise them like the sugar cane machine is a fixed capital and the money in hand is a working capital for me.

If it helps you please mark it as brainliest
Answered by Sidyandex
12

Out of five resources, sugarcane crushing machine and some money in hand will be categorized as the capital resources.

These resources can help the person to utilize and gain profit.

The person can put money to set up the machine and buy sugarcane to sell sugarcane juice.

This in turn will enable the person to generate revenue and make profit.

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