2.what is physical capital ? What are its different types? – InterviewSolution

1.

2.what is physical capital ? What are its different types?

Answer»

➡ Physical Capital is the VARIETY of inputs required at EVERY STAGE during production.

Physical Capital is of two types :

(1) Working Capital :

Raw materials and money at hand are called working capital.

(2) Fixed Capital :

TOOLS, machines and building etc. are called Fixed Capitals.

Explanation:

þLÈÄ§È MÄRK MÈ Ä§ ßRÄÌñLÌÈ§†✌✌✌

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