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What are the three basic decisions that any household must make.
Variable Costs
Expenses that change in proportion to the activity or volume of production in a business.
Rent
A payment made periodically by a tenant to a landlord in exchange for the use of land, a building, or other property.
Property Taxes
Taxes levied by local governments based on the assessed value of real estate property.
Monthly Profit
The total amount of income a business generates in a month after all expenses have been subtracted from total revenue.
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