ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A friend’s parents are worried about going over their budget for the month. Which expense would you suggest is NOT a need?
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Rent payment
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Car insurance
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Cable Service
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Groceries
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Explanation:
Detailed explanation-1: -Common variable expenses include: Groceries and dining out. Clothing. Personal care.
Detailed explanation-2: -Examples of variable costs include raw materials, labor, utilities, commission, or distribution costs.
There is 1 question to complete.