Which of the following expenses is a fixed expense?

electricity

gym membership

groceries

entertainment

Gym Membership

Explanation:

Expenses for electricity, groceries, and entertainment can all fluctuate based on how utilized they are. However, a gym memberships is established at a certain price regardless of how often it is taken advantage of. For example, an avid weightlifter who works out everyday and a busy college student who goes once a week would pay the same price for the membership.