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)

Question

Responses

the employees who install the tires
the employees who install the tires

hydraulic lifts for cars
hydraulic lifts for cars

new tires
new tires

tire installation services

Answer 1

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 its operations, such as machinery, tools, and equipment. Hydraulic lifts are essential tools in tire installation and servicing.