The adage,"There is no such thing as a free lunch," means
A)even people on welfare have to pay for food.
B)the cost of living is always increasing.
C)people face tradeoffs.
D)all costs are included in the price of a product.

Question

Quizplus · Accepted Answer

The adage means that everything has a cost, whether it is explicitly stated or not. This suggests that people face tradeoffs when making decisions and cannot get something for nothing. It is not related to welfare, the cost of living, or the pricing of products.

The Adage,"There Is No Such Thing as a Free Lunch