Question

what is physical capital? explain the different types with example?​

Answer 1

Answer:The physical capital is the variety of inputs required at every stage during production. Its types are as follows: Fixed Capital:Tools, machines, buildings can be used in production over many years, and are called fixed capital. Working Capital: Raw materials and money in hand are called working capital.

Answer 2

Answer:

The physical capital is the variety of inputs required at every stage during production. Its types are as follows: Fixed Capital:Tools, machines, buildings can be used in production over many years, and are called fixed capital. Working Capital: Raw materials and money in hand are called working capital.