Question

What is Fixed Capital Class 9?
Answer Expert Verified

Those materials which can be used in production over many years are called FIXED CAPITAL . ... this means raw materials and money in hand, Production requires a variety of raw materials such as the yarn is used by the weaver and clay used by the potter.

Answer 1

Answer:

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Explanation:

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.