Question

Which of these is incorrect about the characteristic
of capital as a factor of production?
It is a active factor of production
It is of two types i.e. fixed capital and
working capital
It is man-made source of production
The capital has an economic value​

Answer 1

Answer:

here is ur ans❤ ☺

• The capital has an economic value is the Incorrect about the characteristic of capital as a factor of production.

Answer 2

Correct question: Which of these is incorrect about the characteristic

of capital as a factor of production?

A) It is an active factor of production

B) It is of two types i.e. fixed capital and working capital

C) It is a man-made source of production

D) The capital has an economic value​

Answer: Option A)  It is an active factor of production.

Explanation:

• Capital is defined as all kinds of goods including machinery, tools and transport required for production.
• Capital is a passive factor of production because without the cooperation of labour capital means nothing.
• Other characteristics of capital include:

1. Capital is man-made as a man controls the production and supply of capital.
2. Capital is of two types i.e. fixed capital and working capital.
3. Capital has an economic value​ as without capital it is impossible to operate a certain business.

Thus , Capital is a active factor of production is incorrect about the characteristic of capital as a factor of production

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