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

question 12

Multiple Choice

The adage,"There is no such thing as a free lunch," is used to illustrate the principle that

• A)goods are scarce.
• B)people face tradeoffs.
• C)income must be earned.
• D)households face many decisions.

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Definitions:

Nociceptors

Sensory receptors found throughout the body that respond to potentially damaging stimuli by sending signals to the spinal cord and brain, perceived as pain.

Sensory Receptors

Specialized cells or nerve endings that respond to changes in the environment by generating electrical signals.

Hurtful Temperatures

Extreme cold or hot environmental conditions that can cause physical discomfort or harm to living organisms.

Endorphins

Natural, pain-relieving chemicals produced by the brain, often associated with feelings of pleasure or euphoria.