At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

What is physical capital and what are its different types. in points


Sagot :

Answer:

Physical capital is the input that is used at various stages of the production of goods and services. There are two types of physical capital: fixed capital and working capital. Fixed capital includes assets that can be used over many years in the process of production like machines in a factory, building, etc.

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.