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

question 119

Multiple Choice

The expression "There's no such thing as a free lunch" means

• A)that even if the lunch is free, we pay for it in extra calories
• B)that resources used up in producing the lunch are not available to satisfy other wants
• C)the same thing as "The best things in life are free"
• D)you can eat only if you work first
• E)neither sea water nor air is free

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Definitions:

Price Wars

A competitive strategy where companies continuously lower prices to outdo competitors, often resulting in reduced profit margins.

Prestige Pricing

Strategies that establish relatively high prices to develop and maintain an image of quality and exclusiveness.

Demonstrations

Public gatherings where individuals display their support or opposition towards a particular cause or policy.

Prospective Clients

Potential customers who have shown interest in a company's products or services but have not yet made a purchase.