Assignment on milton friedmans theories
Question:
What do you think that Milton Friedman meant when he said, "There is no such thing as a Free Lunch." Please explain the statement and use economic theory to support your position.
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What do you think that Milton Friedman meant when he said, "There is no such thing as a Free Lunch."
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Determine the own price elasticity of demand and state whether demand is elastic, inelastic or unitary elastic
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