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 includes tangible assets that a business uses in the production of goods and services, and hydraulic lifts are essential equipment for tire installation and servicing.
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
the employees who install the tires
the employees who install the tires
hydraulic lifts for cars
hydraulic lifts for cars
tire installation services
tire installation services
new tires
1 answer
1 answer