Table of Contents
What is physical capital example?
Physical capital consists of man-made goods that assist in the production process. Cash, real estate, equipment, and inventory are examples of physical capital. It also provides an overview of the capital raised to pay for those assets, which includes both physical and human capital.
Which of the following is an example of a firm trying to increase its human capital?
Which of the following is an example of a firm trying to increase its human capital? Saws and drills. Human-made objects used to create other goods and services are physical capital.
What is a benefit of using both physical capital and human capital?
What is a benefit of using both physical capital and human capital? They are both uses make money and spend it. How does scarcity force people to make economic choices?
Which of the following which includes human physical and capital are the things used to create a good or service?
Factors of production are the inputs needed for the creation of a good or service. The factors of production include land, labor, entrepreneurship, and capital.
Which of the following is the best example of a physical capital?
unit 1 test
| Question | Answer |
|---|---|
| which of the following is the best example of physical capital? | a truck for a delivery company |
| when making a decision, the next best alternative is called | the opportunity cost |
What is physical capital explain its various uses with example?
Answer:The physical capital is the variety of inputs required at every stage during production. Its types are as follows: Fixed Capital:Tools, machines, buildings can be used in production over many years, and are called fixed capital. Working Capital: Raw materials and money in hand are called working capital.
What is an example of human capital?
Human capital refers to the skills and expertise that allows the individual to do their task more productively. Examples of Human Capital include: education, experience, and judgement. Human capital is important as it helps workers do their job more effective and efficiently.
Which of the following is the best example of physical capital?
What is an example of changing physical capital?
When you say physical capital, it refers to the additional machinery, building, space etc. Therefore an example of changing physical capital is B. Building extra space in the factory. By doing this, you are adding additional physical location in where your employee or worker can work.
What is Cbse 9th physical capital?
Class 9th. Answer : Physical capital is the input which is used at various stages of production of goods and services. It is one of the factors of production. There are two types of physical capital: fixed capital and working capital.