Fixed Capital???

Question

Are laborers or workers considered as fixed capital or is it only goods??

Answer 1

Fixed Capital -
CAPITAL invested in fixed, as distinguished from current, assets; the investment in physical facilities and capacity. Fixed capital is that usually furnished by the stockholders and bondholders, while working capital required for investment in current assets in part may be furnished by banks or through the commercial paper market on short-term paper. Fixed capital is regarded as tied up or locked up and consequently must be furnished permanently or for a long period of time. It is for this reason that stockholders and bondholders contribute fixed capital to a business.

Labourers and workers are human capital, a measure of the economic value of an employee's skill set. This measure builds on the basic production input of labor measure where all labor is thought to be equal. The concept of human capital recognizes that not all labor is equal and that the quality of employees can be improved by investing in them. The education, experience and abilities of an employee have an economic value for employers and for the economy as a whole.

Answer 2

Capital is money and quasi money which you have to invest to start of your company. Laborers or workers are also investments but they can quit anytime, for various reasons. they are definitively Not Fixed.

Answer 3

Found fixed cost , but no fixed capital in the finance glossary ,
Did you copy it down wrong ?

http://biz.yahoo.com/f/g/ff.html


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Answer 4

So...