Which of the following best describes the meaning of the expression "There is no such thing as a free lunch"?
A) Meals always cost money.
B) Resources used up in producing something are NOT available to satisfy other wants.
C) The best things in life are free.
D) Many people do NOT have to work to make a living.

Question

Which of the following best describes the meaning of the expression "There is no such thing as a free lunch"?  
A) Meals always cost money. 
B) Resources used up in producing something are NOT available to satisfy other wants. 
C) The best things in life are free. 
D) Many people do NOT have to work to make a living.

Quizplus · Accepted Answer

The expression "There is no such thing as a free lunch" means that everything has a cost or a trade-off. In this case, it means that resources used to provide a "free" item or service are not available to satisfy other wants or needs. For example, a restaurant may offer a free lunch, but the cost of producing that lunch still exists, even if customers do not pay for it directly.

Which of the Following Best Describes the Meaning of the Expression