[Unlocked] Free Lunch

[Unlocked] Free Lunch

a. What is scarcity? If there are no scarcity of resources, then economics will be ceased to exist. Do you agree with statement? If your answer is yes, explain; if your answer is no, explain. Offer examples in your answer.

b. There is no such thing as a “free lunch.” Do you agree or disagree. Discuss and offer examples