There is no free lunch means
A) each action has a cost.
B) each choice involves a free item.
C) each decision has elements of free goods in it.
D) if you get your lunch paid for by someone else, it is free, but if you have to pay, it is not free.
E) if you are invited to lunch by someone, you are not expected to pay for it.
Correct Answer:
Verified
Q2: According to the text, economics offers the
Q3: According to the text, many firms who
Q4: On average each year, about 7 percent
Q5: Firms will merge or one firm will
Q6: According to the text, economic decision making
Q8: According to the text, the essence of
Q9: According to the text, success requires:
A)there is
Q10: The Dodd-Frank law
A)created new regulations for financial
Q11: A focus on quality means:
A)A firm does
Q12: If large, dominant firms tend to be
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