Q.7 Define fixed capital?(a) The factors of production like tools machines and buildings which can be used over many years(b)It include competent and trained people who put together land capital and other factor of production to produce goods(c)It can be build only in the long run through education and training(d)all the above

Q.7 Define fixed capital?(a) The factors of production like tools mach

1.	Q.7 Define fixed capital?(a) The factors of production like tools machines and buildings which can be used over many years(b)It include competent and trained people who put together land capital and other factor of production to produce goods(c)It can be build only in the long run through education and training(d)all the above
Answer» $\fbox\pink{A}\fbox\blue{n}\fbox\purple{s}\fbox\green{w}\fbox\red{e}\fbox\orange{r}$ Fixed capital is the PORTION of total capital outlay of a business invested in physical ASSETS such as factories, vehicles, and MACHINERY that stay in the business almost permanently, or, more TECHNICALLY, for more than one accounting period....^^%