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Explain the meaning of physical capital it\'s two types with help of suitable example |
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Answer» Op The two types of Physical CapitalFixed Capital - Tools, building, etc.. that are used for many years. Working Capital - Raw materials and money in hand. Physical capital\xa0is the input which is used at various stages of production of goods and services. ... There are\xa0two types\xa0of\xa0physical capital: fixed\xa0capital\xa0and working\xa0capital. Fixed\xa0capital\xa0includes those assets which can be used over many years in the process of production like machines in factory, building, tools etc. Physical capital\xa0is the input which is used at various stages of production of goods and services. ... There are\xa0two types\xa0of\xa0physical capital: fixed\xa0capital\xa0and working\xa0capital. Fixed\xa0capital\xa0includes those assets which can be used over many years in the process of production like machines in factory, building, tools etc. |
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