what is the fixed capital
Answers
Answered by
7
Hey Tools, machine, buildings: Tools and machines range from very simple tools such as farmer's plough to sophisticated machines such as generators, turbines, computers etc. Tools, machines, buildings which can be used over a peroid of are known as fixed capital. Hope it helped
Answered by
1
Tools and machines range from a plough to a tractor and sophisticated machines like generators, turbines, computers, etc. The tools, machines, buildings which can be used in production over many years are called fixed capital.
Similar questions