Part 1: Economists are fond of saying "there is no such thing as a free lunch." From an economist's perspective, in at least two well-developed paragraphs, explain what this statement means. Be sure to explain how situations like this include choices and trade-offs, and include an example. Part 2: From a consumer's perspective, in at least one well-developed paragraph, describe how consumer rights can be overlooked.

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Tiana Padilla

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1 February, 13:07

Part 1: Economists are fond of saying "there is no such thing as a free lunch." From an economist's perspective, in at least two well-developed paragraphs, explain what this statement means. Be sure to explain how situations like this include choices and trade-offs, and include an example. Part 2: From a consumer's perspective, in at least one well-developed paragraph, describe how consumer rights can be overlooked.

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Sammy Bridges · Answer 1

What they were trying to say was just simply nothing in this world that you can get is free. there's always a trade that's gonna happen. you pay for everything. that's why the society is encouraging us to work hard, because you always have to give in order for you to receive.