Which of the following is the best example of physical capital used to produce a textbook?
A) the expertise and writing ability of the author
B) the ink used in the printing press
C) the printing press
D) the property on which the publisher's office is located
E) the time spent by editors reviewing the textbook

Question

Quizplus · Accepted Answer

Physical capital refers to tangible items used in the production process. In this case, the printing press is a physical item that is used to produce the textbook. The other options (expertise of the author, ink, editors' time, and publisher's property) are all important for producing the textbook, but they do not qualify as physical capital.

Which of the Following Is the Best Example of Physical