ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Expenses that may change from month to month
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Expenses that cost the same amount every month
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Money that goes into your savings account
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Expenses like rent and utilities
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Detailed explanation-1: -Fixed expenses generally cost the same amount each month (such as rent, mortgage payments, or car payments), while variable expenses change from month to month (dining out, medical expenses, groceries, or anything you buy from a store).
Detailed explanation-2: -variable expenses in a nutshell. From month to month, you probably know how much you spend on fixed expenses because these don’t change often. Variable expenses, on the other hand, are unpredictable. But there are several ways to budget for them.
Detailed explanation-3: -Key Takeaways. A variable cost is an expense that changes in proportion to production output or sales. When production or sales increase, variable costs increase; when production or sales decrease, variable costs decrease.
Detailed explanation-4: -Fixed expenses: These are costs that largely remain constant, such as your monthly rent or mortgage. Variable expenses: These are costs that vary or are unpredictable, such as dining out or car repairs.
Detailed explanation-5: -Gas. Parking fees. Groceries. Dining out. Clothing. Personal care expenses. Healthcare expenses. Home maintenance and repairs. More items •11-Apr-2022