"There Is No Such Thing as a Free Lunch

question 47

Multiple Choice

"There is no such thing as a free lunch." This statement best reflects the fact that

• A) consumers are unwilling to pay for a good unless it provides them with value.
• B) an opportunity cost is always present when scarce resources are used to produce a good.
• C) it generally requires enormous effort to search out the best place to eat lunch.
• D) the value of a good to consumers will decrease as they have more of it.

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Definitions:

Decreased Activity Tolerance

A condition characterized by reduced ability to engage in physical activities without experiencing undue fatigue or discomfort.

Nutritious Foods

Foods that provide essential nutrients beneficial to health and well-being, including vitamins, minerals, protein, and healthy fats.

Localized Inflammatory Response

An immune system response confined to a specific area of the body, marked by signs of redness, warmth, swelling, and pain.

Edema, Redness

Symptoms indicating swelling often caused by fluid retention in the body’s tissues and the redness often associated with inflammation or infection.