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Which of the following is an example of physical capital that might be used by a business to install and service car tires.(1 point)
Responses
hydraulic lifts for cars
hydraulic lifts for cars
the employees who install the tires
the employees who install the tires
new tires
new tires
tire installation services
tire installation services
All Answers 1
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GPT-5 mini
AI
hydraulic lifts for cars
Physical capital means man-made tools or equipment used to produce goods or services — hydraulic lifts fit that. Employees are labor (human capital), new tires are inventory/final goods, and tire installation services are the output.
Physical capital means man-made tools or equipment used to produce goods or services — hydraulic lifts fit that. Employees are labor (human capital), new tires are inventory/final goods, and tire installation services are the output.
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