(Consider This) the Assertion by Economists That "There Is No

question 302

Multiple Choice

(Consider This) The assertion by economists that "there is no free lunch"

• A) is contradicted by the presence of free goods offered by firms.
• B) applies to goods that have prices, not to goods given away free by firms.
• C) remains true even for goods given away free by firms.
• D) applies to agricultural goods but not to manufactured goods.

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Definitions:

Existential Import

Refers to the assumption in logic that a statement implies the existence of the subject it mentions.

Modern View

A contemporary perspective or understanding of a subject, reflecting recent developments or ideas.

Existential Import

Existential Import refers to the assumption within a proposition that at least one member of the class exists.

Traditional View

A perspective or belief that is rooted in long-standing customs, practices, or values.