Which of the following is NOT an example of physical capital? aA delivery truck bA warehouse cMachinery dLand eOffice furniture

Break Down the Problem

1. Identify the options provided in the question.
2. Determine what constitutes physical capital in an economic context.

Relevant Concepts

• Physical Capital: This is an asset that is used in the production of goods and services. Examples typically include machinery, buildings (warehouses), vehicles (delivery trucks), land, and office furniture.

Analysis and Detail

1. Delivery truck: This is a vehicle used for transporting goods, considered physical capital.
2. Warehouse: A building where goods are stored, also considered physical capital.
3. Machinery: Equipment used in the manufacturing process, regarded as physical capital.
4. Land: The natural resource used in production, classified as physical capital.
5. Office furniture: This includes desks, chairs, etc., used in the operation of a business, categorized as physical capital.

Verify and Summarize

Upon reviewing all the options, they all fit the definition of physical capital. However, since all provided options are indeed forms of physical capital, it appears there might be an implication that one of them is less typically associated with production processes.

Final Answer

None of the options provided are NOT examples of physical capital. All choices listed (delivery truck, warehouse, machinery, land, and office furniture) are considered examples of physical capital.