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O scarcity does not always exist O whoever pays for lunch will always make you p O price is always greater than zero O someone must always pay for limited resources

O scarcity does not always exist O whoever pays for lunch will always make you p O price is always greater than zero O someone must always pay for limited resources

Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter16: Mastering Financial Management
Section: Chapter Questions
Problem 3DQ
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There is no such thing as a free lunch because O there are always opportunity costs O scarcity does not always exist whoever pays for lunch will always make you pay in some way O price is always greater than zero someone must always pay for limited resources
Transcribed Image Text:There is no such thing as a free lunch because O there are always opportunity costs O scarcity does not always exist whoever pays for lunch will always make you pay in some way O price is always greater than zero someone must always pay for limited resources
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