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Title: A chef purchases a new oven for her restaurant's kitchen. Explain whether the chef is buying a ... Post by: Tesy on Oct 11, 2017 A chef purchases a new oven for her restaurant's kitchen. Explain whether the chef is buying a capital item or a production item.
Title: Re: A chef purchases a new oven for her restaurant's kitchen. Explain whether the chef is buying a ... Post by: saltie on Oct 11, 2017 The chef is buying a capital item because it is a long-lasting product. Fixed equipment such as an oven is a major category of capital items, which are goods and services with expected lives of more than a year.
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