Multiple Choice
What does "there is no such thing as a free lunch" mean in economics?
A) Scarce resources are used up to provide "freebies" and giveaways.
B) Sometimes people may take friends out to lunch and pay for them.
C) All items in the lunch menu have specific prices.
D) Products only have value because people are willing to pay for them.
Correct Answer:
Verified
Correct Answer:
Verified
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