contestada

An example of a fixed expense is _____.
A. movie night
B. rent
C. gas for a trip to the beach
D. jeans

Respuesta :

moeraa
B. rent. It's fixed because the amount is always the same and you always pay at the same time.

Answer:

Option: B is the correct answer.

                B. Rent

Step-by-step explanation:

Fixed expense-

These are the expanses which do not change with the change in the level of production or sales.

The budget is divided into two parts--

1) Fixed expense

2) Variable expense

For a typical household the fixed expense comprises of rent, insurance premiums, other EMI etc.

The variable expense consist of extra expenses such as movie ticket, shopping etc.

Hence, the example of fixed expense is: Rent