briannaroje briannaroje
  • 20-09-2021
  • Business
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There is no such thing as free lunch means?

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RevyBreeze
RevyBreeze RevyBreeze
  • 29-09-2021

Answer:

a phrase that describes the cost of decision-making and consumption. That things that appear to be free will always have some hidden or implicit cost to someone, even if it is not the individual receiving the benefit.

There is no free lunch in economics means that everything comes with a price. The price may not always be money. If you get something for free, there is a cost that has be paid somewhere in the wider economic system.

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