Asked by: Benjamina Barbollabusiness and finance manufacturing industry
Which of the following is an example of physical capital in agricultural production?
Last Updated: 29th April, 2020
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Also to know is, which is an example of produced capital?
Think of capital as the machinery, tools and buildings humans use to produce goods and services. Some common examples of capital include hammers, forklifts, conveyer belts, computers, and delivery vans. Capital differs based on the worker and the type of work being done.
Also Know, which of the following is the best example of capital as a factor of production? Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship. Common examples of capital include hammers, tractors, assembly belts, computers, trucks, and railroads.
Keeping this in consideration, which of the following is an example of physical capital?
Physical capital consists of manmade goods that assist in the production process. Cash, real estate, equipment, and inventory are examples of physical capital. Physical capital is recorded on the balance sheet as an asset at historical cost, not market value.
What is an example of capital quizlet?
Examples of capital. Machinery, buildings, stock etc. Fixed capital. Fixed assetts. Eg factorys, equipment.