Which of the following would be considered physical capital?
A) the projector at a cinema
B) milk and cheese
C) the skills and knowledge of a chef
D) the number of hours people spend in the gym

Question

Quizplus · Accepted Answer

Physical capital refers to tangible assets that are used to produce goods or services, and the projector at a cinema is an example of this. Milk and cheese (B) are considered as raw materials or inputs, while the skills and knowledge of a chef (C) are considered human capital. The number of hours people spend in the gym (D) does not qualify as either physical or human capital.

Which of the Following Would Be Considered Physical Capital