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Question
which expenses are examples of fixed expenses? select two correct answers. an electric bill a monthly rent payment medical bills a gym membership
Fixed expenses are costs that remain relatively constant over a period, regardless of usage or other factors. A monthly rent payment is typically a fixed amount each month. A gym membership (assuming it's a fixed - fee monthly or annual membership) also has a fixed cost. Electric bills vary based on usage, and medical bills vary based on medical needs.
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B. a monthly rent payment, D. a gym membership