The example of physical capital that might be used by a business to install and service car tires is hydraulic lifts for cars. Physical capital refers to the tangible assets that a business uses in the production process, such as machinery and equipment.
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
tire installation services
tire installation services
hydraulic lifts for cars
hydraulic lifts for cars
new tires
new tires
the employees who install the tires
1 answer
1 answer