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4. What is an example of a fixed expense?

A. Groceries
B. Car payment
C. Utilities
D. Gasoline


Sagot :

Final answer:

A car payment is an example of a fixed expense that remains constant regardless of production levels.


Explanation:

An example of a fixed expense would be a car payment. Fixed expenses are costs that do not change regardless of the level of production or output. They are monthly expenses that remain constant, such as rent, mortgage payments, and insurance.


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