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Question
The fixed capital needed to set up a manufacturing unit is _____.
The fixed capital needed to set up a manufacturing unit is _____.
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Solution
The correct option is C machines
1:“Fixed capital is comparatively easily defined to include land, building, machinery and other assets having a relatively permanent existence.”
2:Fixed capital is a permanent investment made to meet the longer-term needs (requirements) of the business activities.
1:“Fixed capital is comparatively easily defined to include land, building, machinery and other assets having a relatively permanent existence.”
2:Fixed capital is a permanent investment made to meet the longer-term needs (requirements) of the business activities.
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