Question

which are different categories of physical capital ?

Answer 1

Physical Capital is the variety of inputs required at every stage during production.Physical Capital is of two types: (i) FixedCapital: Tools, machines and building etc. are called Fixed Capitals.

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Answer 2

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✔️There are two types of physical capital:- fixed capital and working capital.

✔️Fixed capital is the money which is invested in various machineries, tools etc.

✔️Working capital can be defined as money in the hand used in production. It is invested in labour etc.