15 Views

Question : Which of the following statement is incorrect for factors affecting requirement of fixed capital?
 

Option 1: The natural business determines the amount of fixed capital to a large extent.
 

Option 2: Firms which operate at small scale required large amount of fixed capital.
 

Option 3: Production techniques adopted by Business influence the requirement of fixed capital.
 

Option 4: None of the above


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Firms which operate at small scale required large amount of fixed capital.
 


Solution : Firms which operator large scale required large amount of fixed capital as they need heavy and bigger machinery and equipments. However firms operating at small scale need  relatively lesser fixed capital.

Hence option B is correct.

Related Questions

Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Great Lakes PGPM & PGDM Admis...
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books