Question

What is fixed capital​

Answer 1

Answer:

DescriptionIn economics and accounting, fixed capital is any kind of real, physical asset that is used repeatedly in the production of a product. It contrasts with circulating capital such as raw materials, operating expenses and the like. It was first theoretically analyzed in some depth by the economist David Ricardo.

Answer 2

Answer:

Fixed capital is also called a "fixed investment" and encompasses assets that are used continuously during the business's operation, according to the Business Dictionary. For example, the equipment used to produce merchandise would constitute fixed capital because it is not depleted with each use.

Thanks ❤️