Which of the following examples does not illustrate the principle represented by the adage,"There is no such thing as a free lunch"?
A) Joe needs to pay his rent and his electric bill.
B) Pete must choose between buying a new flat screen television and buying his textbooks for this semester.
C) Kevin must decide between studying for his economics exam and working at his part-time job.
D) Lisa can spend her money on a new sweater or a pair of jeans.

Question

Quizplus · Accepted Answer

The adage "There is no such thing as a free lunch" refers to the idea that every choice involves a trade-off or cost. Options B, C, and D illustrate this principle as they involve making a choice between two alternatives. Option A, however, does not illustrate this principle as it simply states Joe's need to pay bills, without presenting a choice or trade-off scenario.

Which of the Following Examples Does Not Illustrate the Principle