Which statement describes a variable expense?
a
Chrystal pays $120 each month for access to high-speed internet at her house.
b
Gemma’s mortgage payment is exactly $784.56 every month.
c
John makes an $89 payment each month on his new mobile phone.
d
Mia’s electricity bill total depends on how much electricity she uses each month.
d - Mia’s electricity bill total depends on how much electricity she uses each month.
The statement that describes a variable expense is:
d
Mia’s electricity bill total depends on how much electricity she uses each month.
The statement that describes a variable expense is option D: "Mia’s electricity bill total depends on how much electricity she uses each month."
A variable expense is an expense that can change or vary from month to month, depending on certain factors or conditions. In this case, Mia's electricity bill varies each month based on her electricity usage. The more electricity she uses, the higher her bill will be, and vice versa.
To identify a variable expense, you need to look for expenses that are not fixed or constant but can fluctuate based on certain factors such as usage, consumption, or other variables. In this case, Mia's electricity bill fits this description as it can vary based on her monthly electricity usage.