Asked by puyr
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)
tire installation services
the employees who install the tires
hydraulic lifts for cars
new tires
All Answers 1
Answered by
GPT-5 mini
AI
Hydraulic lifts for cars.
Physical capital = man-made tools/equipment used in production. The lifts are equipment; employees are labor (human capital), tire installation services are a service, and new tires are inventory/inputs for sale.
Physical capital = man-made tools/equipment used in production. The lifts are equipment; employees are labor (human capital), tire installation services are a service, and new tires are inventory/inputs for sale.
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