Unit 8: Personal Financial Literacy
Mini-Unit 1: Expenses & Profit
Lesson 1.1: Fixed & Variable Expenses
This quick assessment includes a printable exit ticket where students identify whether real-world costs related to braces are fixed or variable expenses and justify their reasoning using examples of monthly payments, service fees, and replacement costs.
Students will:
• identify whether expenses are fixed or variable
• analyze how different factors influence costs
• apply financial literacy concepts to real-world scenarios
• explain their reasoning when classifying types of expenses
Standards:
TEKS: 4.10A, 4.10B
