menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Economy Today
  4. Exam
    Exam 1: Economics: the Core Issues
  5. Question
    Explain Why an Economist Would Say,"There Is No Such Thing
Solved

Explain Why an Economist Would Say,"There Is No Such Thing

Question 108

Question 108

Essay

Explain why an economist would say,"There is no such thing as a free lunch."

Correct Answer:

verifed

Verified

All resources are scarce.Any time a scar...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q103: Which of the following is the best

Q104: Table 1.3 shows the hypothetical trade-off

Q105: How does the market mechanism answer the

Q106: When an economy is producing efficiently,it is<br>A)Producing

Q107: Opportunity cost is<br>A)Measured only in dollars and

Q109: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" Refer to Figure

Q110: According to the text,there is no such

Q111: If market signals result in pollution beyond

Q112: Table 1.3 shows the hypothetical trade-off

Q113: A consequence of the economic problem of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines