When Economists Say There Is No Such Thing as a Free

question 197

Multiple Choice

When economists say there is no such thing as a free lunch,they mean that

• A) we must pay money for everything we get.
• B) it is against the law to accept goods or services without paying for them.
• C) when we eat lunch,our time has no value.
• D) each day we decide to eat lunch is another day we must pay out money.
• E) every choice we make involves a trade-off.

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Definitions:

Internal Chest Wall

The inside layer of the chest wall, consisting of ribs, muscles, and connective tissue, which supports and protects thoracic organs.

Pulmonary Artery

Blood vessel that transports oxygen-poor blood from the heart to the lungs.

Alveolus

The tiny, air sac structures within the lungs where gas exchange with the blood takes place, vital for breathing and oxygenation of blood.

Bronchiole

In terrestrial vertebrates, small tube that conducts air from a bronchus to the alveoli.