tools, machines, buildings are example of
a. Human capital
b. Fixed capital
c. floating capital
d. none of the above
Answers
Answered by
1
Explanation:
Physical capital - definition
Tools, machines, buildings can be used in production over many years, and are called fixed capi
Answered by
0
The answer is Fixed Capital.
Explanation:
- Tools, Machines, and Buildings can be produced and used for many years and so they are called fixed capital.
- The other name of fixed capital is physical capital/circulating capital.
- In fixed capital, any kind of physical asset will be used repeatedly and continuously for the production of other goods.
- Examples of fixed capital are vehicles, land improvements, physical infrastructure, and plant industries.
- In accounting, fixed capital is defined as capital we invest in fixed or real assets which will be used for long time purposes.
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