Saved Bookmarks
| 1. |
What is kishora\'s fixed capital ? |
| Answer» (i) Kishora\'s fixed capital is the\xa0buffalo\xa0and wooden-cart which he has purchased with the bank loan.(ii) The money that he earns from selling the milk and transporting goods on his bullock-cart minus his own living expenses are his working capital.(iii) Kishora is involved in the following production activities. | |