Question
Identify a fixed cost, other than rent or a mortgage payment, and three different variable costs in your home. A fixed cost in my household
- Identify a fixed cost, other than rent or a mortgage payment, and three different variable costs in your home.
A fixed cost in my household would be the lease on my water softener system as I have a locked in rate that stays the same as long as I am under contract. Some variable costs in my household would be the propane bill, electric bill, and weekly grocery trips.
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Principles of Macroeconomics
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
12th edition
134078802, 978-0134078809
