Question
___is more integral to a firm’s business plan because it directly affects profitability. It is typically expensive and is used to purchase assets that have a long, useful life. This includes machinery, buildings or production plants, and other long-term investments.
___is more integral to a firm’s business plan because it directly affects profitability. It is typically expensive and is used to purchase assets that have a long, useful life. This includes machinery, buildings or production plants, and other long-term investments.
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Solution
The correct option is B Fixed Capital
Fixed capital is more integral to a firm’s business plan because it directly affects profitability. It is typically expensive and is used to purchase assets that have a long, useful life. This includes machinery, buildings or production plants, and other long-term investments.
Fixed Capital
Fixed capital is more integral to a firm’s business plan because it directly affects profitability. It is typically expensive and is used to purchase assets that have a long, useful life. This includes machinery, buildings or production plants, and other long-term investments.
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