Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

3. Resources used in production, like tools, machines, and buildings, are considered as:

A. Working capital
B. Fixed capital
C. Human capital
D. None of these

Sagot :

GinnyAnswer

Final answer:

Fixed capital encompasses long-lasting production resources like machinery and equipment, playing a significant role in enhancing worker productivity.


Explanation:

Fixed capital refers to resources used in production that are durable and long-lasting, such as tools, machines, and buildings. These assets are not easily or quickly converted into cash and are essential for the production process.

Capital goods, including machinery and equipment, fall under fixed capital. In economics, fixed capital plays a crucial role in enhancing worker productivity and is considered a vital factor of production.


Learn more about Capital goods and fixed capital here:

https://brainly.com/question/51022475


Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.