(Consider This) The assertion by economists that "there is no free lunch"
A) is contradicted by the presence of free goods offered by firms.
B) applies to goods that have prices, not to goods given away free by firms.
C) remains true even for goods given away free by firms.
D) applies to agricultural goods but not to manufactured goods.

Question

Quizplus · Accepted Answer

The assertion by economists that "there is no free lunch" is a well-known saying that means that everything comes with a cost, either explicit or implicit. While firms may offer free goods to attract customers or promote their brand, the production and distribution of those goods still incur costs, which are ultimately paid for by the firm or society in general. Therefore, even if there is no direct monetary price for the goods, there are still costs involved, and the assertion remains true.

(Consider This) the Assertion by Economists That "There Is No