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Which of these qualify as variable expenses? Choose three answers.

clothing purchases
loan payment
monthly groceries
apartment rent
medical bills

Which of these qualify as variable expenses? Choose three answers. clothing purchases-example-1
User Med Tumy
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2 Answers

1 vote

Answer: 1,3,5

Step-by-step explanation:

User Rafael Croffi
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Answer: Clothing Purchases, Monthly Groceries, and Medical Bills

Explanation: The rest are fixed costs, as they are the same throughout each month (e.g., loan payments and rent usually do not change). On the other hand, clothing purchases, monthly groceries, and medical bills are easily changeable dependent on the quantity of the purchase making them variable expenses.

User Mike Stockdale
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