The idea in economics that "there is no free lunch" means that:

A. Businesses would go bankrupt if they offered free lunches
B. The thought of a free lunch is often better than the reality of consuming it
C. There are opportunity costs involved even in free lunches
D. Free lunches used by businesses to attract customers is an inefficient marketing ploy

Answer: C

Economics

You might also like to view...

Fiat money

A) serves well as a medium of exchange, but not as a store of value. B) has no or very little value except as money. C) is rarely used in modern economies. D) functions well only if can be redeemed for gold or other precious metals.

Economics

What information will police applicants not need to furnish during recruitment?

A) drug history B) criminal activity C) political affiliation D) past traffic violations

Economics