Answer: Does not change with changes in the volume of activity within the relevant range.
Step-by-step explanation:
A fixed cost is a type of cost that does not change with the increase or the reduction in the amount of the goods or services that are produced or sold. They are the expenses that a company will pay independent of any particular business activities.
Fixed costs are doesn't depend on level of goods or services that are produced by a business. Examples of fixed costs are insurance premiums, rent or loan payments.