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AP® Microeconomics

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No Such Thing as a Free Lunch

APMICR-1STLNE

Economists often say "there is no such thing as a free lunch." Why?

A

Everyone has to pay for his or her own lunch.

B

Money paid for lunch could have been used to buy other products.

C

Restaurants have to charge for their food in order to earn profits.

D

The resources used to make the lunch are no longer available to produce other goods.

E

Income limits the quantity of goods and services individuals can purchase.