Question

This table shows Lucas's budget from last month. He also included his actual expenses after the month ended.

Which of these changes should Lucas consider making to his budget for next month? Check all that apply.

less for income
less for food
more for discretionary spending
more for food
less for discretionary spending

Answer 1

Answer:

yeet

Explanation:

Auto insurance: While buying insurance for an asset, the premiums to be paid are fixed in the agreement and they are not usually subject to market fluctuations.

House payment: The agreement made while taking the house on rent has the mention of the fixed amount to be paid as rent for the as long as the agreement is effective.

The prices of other items like grocery, electricity, etc., fluctuate with fluctuations in the market. Hence, they cannot be listed as fixed expenses.