Question

what is fixed capital
a) tools and machine
b) Labour
c)both
d) none of the above​

Answer 1

Answer:

a) is the correct answer

Answer 2

Que.- What is fixed capital:

a) tools and machine ✔

b) Labour

c)both

d) none of the above

Fixed Capital

• Fixed capital is required to buy fixed assets for the company.

• It is necessary to replace out of date and scrapped assets.

• Fixed capital investments represent the acquisition and maintenance of long term assets.