Investments in long-lived assets, with useful lives (or service lives) that can extend for several or many years such as land, buildings, and equipment represent _____ capital.
A)sunk
B)hard
C)physical
D)intangible
E)soft

Question

Quizplus · Accepted Answer

Physical capital refers to tangible assets that are used in the production of goods or services, such as land, buildings, and equipment, which have long useful lives.

Investments in Long-Lived Assets, with Useful Lives (Or Service Lives)