Question

What is Kishora's fixed capital?​

Answer 1

Answer:

(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.

Answer 2

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.

Hope it helps you !

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