Resources used in production like tools, machines and buildings are considered as:a)Working capital b)Fixed capitalc)Human capital d)None of theseCorrect answer is option 'B'. Can you explain this answer?

Question

Answer

The tools and machinery we can use more than five years that's why they are fixed capital

Answer

Option b is the correct answer reason pls search on the internet and economics book

Answer

Fixed capital is the correct answer.

Fixed capital refers to the resources used in production that are not consumed in the process. These resources are long-term in nature and are used repeatedly to produce goods and services. They include tools, machines, equipment, and buildings.

Explanation:

1. Definition of fixed capital:
- Fixed capital refers to the physical assets that are used in production and have a long lifespan.
- These assets are not consumed during the production process but are used repeatedly to produce goods and services.
- Fixed capital includes machinery, tools, equipment, buildings, and other infrastructure.

2. Characteristics of fixed capital:
- Long-term nature: Fixed capital assets are durable and have a long lifespan. They are expected to be used for a significant period of time in production.
- Repeated use: These resources are utilized repeatedly in the production process. They are not consumed or depleted in one cycle of production.
- Enhances productivity: Fixed capital assets are essential for increasing the efficiency and productivity of the production process. They enable labor to work more effectively and produce more output.
- Not directly consumed: Unlike working capital, fixed capital is not directly consumed in the production process. It remains intact and contributes to the production process over a longer period.

3. Examples of fixed capital:
- Machinery: Tools, equipment, and machines used in manufacturing or production processes such as assembly lines, conveyor belts, and specialized machinery.
- Buildings: Factories, warehouses, offices, and other structures used for production and administration.
- Infrastructure: Transportation systems, utilities (water, electricity), communication networks, and other facilities that support the production process.

4. Importance of fixed capital:
- Fixed capital plays a crucial role in enhancing productivity and efficiency in the production process.
- It enables businesses to produce goods and services on a larger scale and meet the demands of the market.
- Investment in fixed capital is necessary for economic growth and development as it creates a solid foundation for production and employment.

In conclusion, fixed capital refers to the resources used in production that are not consumed in the process. These resources, including tools, machines, and buildings, are essential for enhancing productivity and efficiency in the production process.

Answer

B is the correct option because it cannot be needed again and again if u brought something then u have to use it till it expires so the machines are used for a long time purpose
hence, b is the correct option

Answer

Fixed capital is the resources the require one time investment

Answer

Option b is correct..fixed capital..cuz..we can't change these things regularly..that's why..tools, machine, building, etc. comes in fixed capital..

Similar Class 9 Doubts

Assertion (

Which factor of production is considered a natural resource in farming?

Choose the correctly matched pair.

India's IT revolution is a striking instance of how the importance of _____ has come to acquire a higher position than that of material, plant, and machinery.

Top Courses for Class 9View all

Science Class 9

Social Studies (SST) Class 9

Mathematics (Maths) Class 9

English Grammar Advanced

English Class 9

Top Courses for Class 9

Top Courses for Class 9

Related Content

Class 9 Study Material

Class 9 Subjects

Competitive Examinations for Class 9

NCERT Books

NCERT Solutions

Reference Books for Class 9

Other Popular Exams

Company