What Do Economists Illustrate When They Use the Phrase "There

question 170

Multiple Choice

What do economists illustrate when they use the phrase "There is no such thing as a free lunch"?

• A)how inflation increases prices
• B)that to get one thing, we must give up something else
• C)that nothing is free in a market economy
• D)that if something looks too good to be true, it probably is

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Definitions:

Glycolysis

A metabolic process that breaks down glucose to produce energy in the form of ATP.

ATP

A molecule known as adenosine triphosphate serves as the primary energy carrier within cells, essential for metabolism.

Volume of Oxygen

The amount of oxygen the body can utilize during maximum effort, often used as a measure of cardiovascular fitness.

Consumed

The act of eating, drinking, or otherwise ingesting food or substances into the body.