Which is the last step in making a personal budget?

1 answer:

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The last step in making a personal budget is to reduce expenses in flexible categories. The correct option among all the options given in the question is option "B". Under normal circumstances, a person cannot make the adding up all sources of income as the last step. Then the expenses will not get added. The flexible expenses are expenses that can always be reduce or are not important expenses. The basis of making the budget is to reduce those unnecessary expenses. So the last step should always be to find ways to reduce the flexible or unwanted expenses.

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The nation of Hasalot is home to roughly 95% of the world's Diamontite, a rare stone used in consumer products including watch f

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In the case above, Hasalot is said to have an absolute advantage according to the situation that has been described. It has an absolute advantage in the case that the resources it has, is not possessed by any one else in the entire world.

Since other countries also want this resource for their production, the other countries will be ready to pay the price that is asked for by this country because there is no other alternative or substitute available with any other country. This puts Hasalot in the situation of absolute advantage.

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