Farmer’s plough is an example of fixed capital factor of product...
A farmer is a person who cultivates crops and raises livestock for food, fiber, or other products. They may work on their own land or on rented or leased land, and their work involves planting, harvesting, and tending to crops, as well as caring for and breeding animals. Farmers may also be involved in marketing and selling their products, as well as managing their finances and operations. Many farmers work long hours and face various challenges, such as weather conditions, pests and diseases, and market fluctuations. However, farming can also be a rewarding and fulfilling profession that allows individuals to connect with nature and provide essential resources to their communities.
Farmer’s plough is an example of fixed capital factor of product...
True as it only has to be purchased once and can be used in the production for years.