read the scenario and decide if it describes a fixed or variable expense. miranda uses a credit card to make…

read the scenario and decide if it describes a fixed or variable expense. miranda uses a credit card to make routine purchases. in the past, she could pay her total credit card bill every month. however, recently shes been spending a lot more on clothes and eating out, so shes started carrying a balance on her card. fixed expense variable expense

read the scenario and decide if it describes a fixed or variable expense. miranda uses a credit card to make routine purchases. in the past, she could pay her total credit card bill every month. however, recently shes been spending a lot more on clothes and eating out, so shes started carrying a balance on her card. fixed expense variable expense

Answer

Brief Explanations:

Fixed expenses remain the same amount regularly, while variable expenses change based on usage or consumption. Miranda's credit - card spending on clothes and eating out varies depending on her choices, so it's not a fixed amount.

Answer:

Variable Expense