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According to the text, ________ describes a context where social norms tend to restrict what people do.
Opportunity Costs
The cost of opting for one choice over another, representing the benefits missed out on when choosing one alternative over another.
Taxes
Compulsory financial charges or levies imposed by a government on individuals, corporations, and transactions to fund public expenditures.
Capital Investment
Funds invested in a business or project with the expectation of generating income or profit over the long term.
Sunk Costs
Expenses that have already been incurred and cannot be recovered or refunded.
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