Final answer:
Fixed costs are expenditures that do not change regardless of the level of production. They include costs such as rent on a factory or retail space, machinery or equipment, research and development, and advertising.
Step-by-step explanation:
Fixed costs are expenditures that do not change regardless of the level of production. They include costs such as rent on a factory or retail space, machinery or equipment, research and development, and advertising. These costs remain the same even if a segment disappears.