which of the following is an example of a fixed expense and a flexible expense? example: rent usually stays…

which of the following is an example of a fixed expense and a flexible expense? example: rent usually stays the same every month, but how much you spend on snacks or entertainment can change. rent (fixed) and eating out (flexible) groceries (fixed) and car payment (flexible) movie tickets (fixed) and rent (flexible) gas (fixed) and mortgage (flexible)

which of the following is an example of a fixed expense and a flexible expense? example: rent usually stays the same every month, but how much you spend on snacks or entertainment can change. rent (fixed) and eating out (flexible) groceries (fixed) and car payment (flexible) movie tickets (fixed) and rent (flexible) gas (fixed) and mortgage (flexible)

Answer

Brief Explanations:

Fixed expenses remain the same each month, like rent. Flexible expenses can vary, such as eating out. Rent is a fixed - cost, and eating out is flexible as the amount spent can change.

Answer:

Rent (fixed) and eating out (flexible)