Psychologists Who Attempt to Explain Our Current Behavior by Looking

question 182

Short Answer

Psychologists who attempt to explain our current behavior by looking back at human history to learn how natural selection affect us are advocating the __________ view.

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Definitions:

Marginal Cost

The price involved in creating another unit of a good or service.

Break-even Price

The price at which total revenues equals total costs, resulting in neither profit nor loss.

Shut-down Price

The price level at which a business's revenue just covers its variable costs, below which it will cease operations.

Average Variable Cost

The average cost of variable inputs (like labor and materials) per unit of output produced.