A list of goods is given below. Stale whether it is fixed capital or circulating capital
- Raw material
- Office furniture
Fixed capital and circulating capital
- Machines and office furniture are fixed capital which can be used again and again for further production. It is also known as the durable use of producer goods.
- Raw material and fuel are circulating capital which is used only once in production. It is also known as single-use producer goods.
Is there an error in this question or solution?
Solution A List of Goods is Given Below. Stale Whether It is Fixed Capital Or Circulating Capital Machines Raw Material Fuel Office Furniture Concept: Concept for Demand and Supply.