WONDER #1341: Why Isn’t Everything Free?
Question 1 of 3
Which economist popularized the saying “there’s no such thing as a free lunch”?
- Harvey Weinstein
- Thomas More
- Barack Obama
- Milton Friedman
Question 2 of 3
“There’s no such thing as a free lunch” is often used to illustrate which economic principle?
- opportunity cost
- supply and demand
- inelastic supply
Question 3 of 3
If you have a choice of either going to your best friend’s birthday party or attending a concert with a new friend who offers you free tickets, the true cost of those free tickets would be what according to Milton Friedman?
- the cost of gas to get to the concert
- missing your best friend\'s birthday party
- the price of a concert t-shirt
Check your answers online at https://wonderopolis.org/wonder/why-isnt-everything-free.