Question

Which of the following statements best represents the principle represented by the adage, "There is no such thing as a free lunch"?

a. Michelle can attend the concert only if she takes her sister with her.
b. Michael is hungry and homeless.
c. Andrea must repair the tire on her bike before she can ride it to class.
d. Dani must decide between going to Florida or Brazil for spring break

Answer 1

d. Dani must decide between going to Florida or Brazil for spring break

Step-by-step explanation:

There is no such thing as a free lunch is a concept used to describe opportunity cost.

Opportunity cost is the cost of the activity given up in order to carry out another activity. It looks at the tradeoffs involved in making decisions.

In this question, if Dani travels to Florida, his opportunity cost is the trip to Brazil he forgoed.

Conversely, if Dani travels to Brazil, his opportunity cost is the trip to Florida he forgoed.

I hope my answer helps you