The Karmic Deed Restaurant uses all of the following to produce vegetarian meals.Which of them is an example of physical capital?
A)the owner's knowledge of how to prepare vegetarian entrees
B)the money in the owner's account at the bank from which she borrowed money
C)the tables and chairs in the restaurant
D)the fresh fruits,vegetables,and grains the restaurant uses to prepare its meals

Question

Quizplus · Accepted Answer

Physical capital refers to the tools, equipment, and facilities used in the production process. In this case, the tables and chairs in the restaurant are physical capital.

The Karmic Deed Restaurant Uses All of the Following to Produce