Multiple Choice
In economics, the statement, "There is no such thing as a free lunch," refers to which of the following?
A) Individuals must always pay personally for the lunch they consume.
B) Production of a good requires the use of scarce resources regardless of whether it is supplied free to the consumers.
C) Restaurant owners would never give away free lunches.
D) All good theories are testable.
Correct Answer:
Verified
Correct Answer:
Verified
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