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7 September, 00:56

Which of the following is an example of physical capital?

a. bulldozers, backhoes and other construction equipment

b. a taxi-cab driver's knowledge of the fastest routes to take

c. the available knowledge on how to make semiconductors

d. All of the above are correct.

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Answers (1)
  1. 7 September, 01:05
    0
    The answer to this is A.

    Physical capital is part of the production process, what economists call a factor of production. It includes things like buildings, machinery, equipment and computers.
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Home » Business » Which of the following is an example of physical capital? a. bulldozers, backhoes and other construction equipment b. a taxi-cab driver's knowledge of the fastest routes to take c. the available knowledge on how to make semiconductors d.
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