Computers become obsolete fast and are replaced much sooner than furniture. The requirement of fixed capital, hence, is more for the firms dealing in computers. Identify the factor affecting fixed capital from the above para.

Question

Option 1: Choice of technique

Option 2: Growth prospects

Option 3: Technology upgradation

Option 4: Scale of operation

AfterBoards · Accepted Answer

The answer is 'Technology upgradation'. View full solution:

CUET Business Studies 2022 16 July Shift 2 PYQs

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