Chapter 5, Problem 25AA

To determine

To explain: The expenses other than food expenses, cloth expenses, house expenses, and vehicle expenses.

Explanation of Solution

The other expenses like health expenses, education expenses, traveling expenses, house rent, etc. are considered as the necessary expenses. Here, health expense is an unavoidable expense because if the person falls ill then the hospital expense occurred is a necessary expense.

Similarly, education and travel expenses are unavoidable expenses because avoiding expenses on education will result in a lower level of education and unskilled people. Moreover, if a person goes outside for employment then traveling expenses are unavoidable expenses that cannot be avoided.