What is Kishora's fixed capital?
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(i)Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank loan. (ii)The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.
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hey mate
(i)Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank loan.
(ii)The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.
(iii)Kishora is involved in the following production activities.
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