Question

Write any four features of physical capital as a factor of production

Answer 1

a. It is a man-made source of production.

b. The capital is of two types, ie., fixed capital and working capital.

c. It is a passive factor of production.

d. The capital has an economic value.

Answer 2

Answer:

Explanation: a.It is a man-made source of production.

b. The capital is of two types, ie., fixed capital and working capital.

c. It is a passive factor of production.

d. The capital has an economic value.

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