Question

What is another name for needs (select all that apply)

fixed expense, varible expense essentail expense, and discretionary expense

Answer 1

essential expense

Step-by-step explanation:

Needs are the items we must have to survive or accomplish somethings. A need is that thing one cannot afford not to have or things we cannot do without. Food, shelter, and clothing are considered basic needs because, without them, one's survival is threatened.

Needs are, therefore, essential for survival. Any expenditure on needs is an essential expense.