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What does the phrase there's no such thing as a free lunch mean in economic terms?
Wiki User
∙ 10y ago
people must face tradeoffs
Wiki User
∙ 10y ago
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What does PC mean in economic terms?
perfect competition
How can you get evaluation of an energy system idea in terms of engineering feasibility and economic feasibility?
You need a fairly complex system to be evaluated on an energy system in terms of economic feasibility and engineering feasibility.
When can economic equality exist?
Economic equality exists when there is a reduced gap between the rich and the poor, in terms of income and wealth.
Explain what is meant by Terms of Trade and why it is an important economic statistics?
yes
What is economic standing in terms of business?
Economic standing refers to the amount of assets and finances that a business has. Economic standing may be good or bad depending on certain issues.
What do you mean by fallacy of free lunch?
It means that whatever you get you will eventually pay for. If not in monetary terms then in some other way.It was perhaps made most famous by the author Robert Heinlein, a phrase he used in several of his books.
What is a classy man in terms of physical appearance and personality?
theres no such thing
Whose presidency has the Philippines raised the highest in terms of economic growth?
President Benigno has the Philippines raised the highest in terms of economic growth.
What does it mean by 'enter search terms'?
The phrase 'enter search terms' is used on sites where there is a search feature to find different things offered on a site or search tool such as Google or Bing. The phrase simply means to enter the phrase or terms that one is wanting to search for.
What is Mexico staus?
In terms of what? For example, its status in terms of economic development is that of an "emerging market".
What does ADP mean in computer terms?
in economic or job
What does PC mean in economic terms?
perfect competition
What does it mean to safe guard the American economic interest?
In general terms, the phrase 'to safeguard the American economic interest' means 'to do whatever must be done in order to ensure that America's commercial and industrial activities are not disrupted by external interference.' What the phrase (and public policy) has often led to in very practical terms are various actions by the American government to warn other nations away from involving themselves in the Western Hemisphere; or, as in World War I, to warn Germany that any interference with American merchant ships would result in negative consequences.
What does remsnot spell?
The anagrams are monster, mentors, and the phrase "no terms."
What is a phrase made up of contradictory terms?
Oxymoron, such as "bittersweet".
Is the phrase obvious concealment classified as a contradiction in terms?
yes
What is the definition of cliche in poetry terms?
An overused phrase, not original.
