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With respect to the following costs in your personal finances, identify which would be variable costs and which would be fixed costs. 1. Your

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With respect to the following costs in your personal finances, identify which would be variable costs and which would be fixed costs. 1. Your basic cable bill based on how much television you watch. Fixed 2. Your tuition cost based on the number of classes you take at Merced College. [Select] 3. Your electricity bill based on energy usage. [Select] 4. Your car insurance for the year based on miles driven for that year. [Select] 5. Your gas cost for your car based on miles driven for a given year. [Select] 6. Your rent cost based on time spent in your house/apartment. [Select] 7. Your grocery bill based on food consumed. [Select] 8. Your Pay-Per-View component of your cable bill based on shows watched. [Select]

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