The Expression,"There's No Such Thing as a Free Lunch" Implies

question 178

Multiple Choice

The expression,"There's no such thing as a free lunch" implies that:

• A) everyone has to pay for his/her own lunch.
• B) the person consuming a good must always pay for it.
• C) costs are incurred when resources are used to produce goods and services.
• D) no one has time for a good lunch anymore.

---

Definitions:

Servitude

The state of being a slave or completely subject to someone more powerful.

Bacon's Rebellion

A 1676 uprising in the Virginia Colony, led by Nathaniel Bacon, against the rule of Governor William Berkeley.

Virginia Colonists

Early European settlers in the Colony of Virginia, who established Jamestown in 1607 as the first permanent English settlement in what would become the United States.

Large Land Grants

Significant parcels of land awarded by governments or monarchs to individuals, institutions, or companies, often to promote settlement, agriculture, or development.