Various types of fixed element are :
(1) Land
(2) Building
(3) Equipment
(4) Installation of Machine
(5) Design and planning
The fixed element means which are not movable, and for any types of power plant, the fixed
elements play a major role. Since each cost is added to the final cost of our product (electricity in case of
Power plant). So when a power plant is established, the first selection is fixed element.
Effect of plant on land is as cost of land.