The expression There's no such thing as a free lunch meansA) if one person gains, someone else must lose.B) each person must pay for exactly what he or she receives.C) the use of resources to produce a good has an opportunity cost because of scarcity.D) you cannot have a free lunch at the expense of someone else.

Question

The expression There's no such thing as a free lunch meansA)  if one person gains, someone else must lose.B)  each person must pay for exactly what he or she receives.C)  the use of resources to produce a good has an opportunity cost because of scarcity.D)  you cannot have a free lunch at the expense of someone else.

Journee Russell · Accepted Answer

Final Answer : C, Explanation :  The expression means that resources are limited and using them for one purpose means they cannot be used for another, highlighting the concept of opportunity cost due to scarcity.

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