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

question 121

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 must be incurred when resources are used to produce goods and services.
• D)​no one has time for a good lunch anymore.

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Definitions:

Cognitive Processes

Mental activities involved in acquiring, processing, and storing knowledge, including perception, memory, and reasoning.

Behavior-Reinforcement Beliefs

The belief that positive or negative reinforcement can influence the likelihood of certain behaviors being repeated.

Learned Helplessness

The belief that events are independent of behavior and are uncontrollable, which results in behavioral deficits characteristic of depression.

External Attribution

A belief that events are beyond one’s control.