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Some evolutionary psychologists argue that in our distant past, those who selfishly pursued their own individual interests would be less likely to survive to pass on their genes. This argument lies at the heart of __________ as a source of altruistic behavior.
Sunk Cost
Costs that have already been incurred and cannot be recovered or changed.
Alternative
An option or choice among several available in a given situation, often considered when making decisions.
Relevant Range
The span of activity or volume over which the specific assumptions of cost behavior hold true, often considered in budgeting and decision-making.
Mixed Costs
Expenses that contain both fixed and variable components, changing in total with the level of activity but not directly proportional.
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