Discuss the difference between fixed expenses and variable expenses as they relate to a budget.
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Answer:
Answer:Fixed expences are expences that don't change month-to-month, whereas variable expences are things that are needing to budgeted for every month, but may vary a bit and are therefor usually estimated on a budget.Step-by-step explanation:For example, rent would be a fixed expense because you know it will be X amount due on the same day every month. Food, on the other hand, would be a variable expense because it likely won't be the same amount month-to-month.
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