I need a solution on – What exactly does this mean, “There is no such thing as a free lunch.”?-What exactly does this mean, “There is no such thing as a free lunch.”?

DB1Topic: Even before the pandemic many industries such as building and trades were starting to face a severe shortage of available, qualified workers. The pandemic shutdowns caused supply chain disruptions. Since the pandemic, scarcity of resources, goods, and services has become significantly more visible. Locate a recent economic article that discusses shortages of resources, goods, or services, supply chain issues, etc. Those shortages or disruptions could be local, state, national, or global. Please no more than one posting on baby formula. I found that classes enjoy variety so try to find something different.Required: Read the article. Summarize the major points of the article in a minimum of 5 bullets. Be sure that you are writing it in your words. Copying from the article is plagiarism and will result in a 0. You must also cite the author, name of the article, the publication, website (link us please), and the date of the article. After summarizing the article, add a paragraph that tells us how it impacts you or your loved ones.DB2Find a recent economic article that relates to one of the concepts covered in Chapter 2 (examples: scarcity, opportunity costs, economic growth, production possibilities). Read the article. Summarize the major points of the article in a minimum of 5 bullets. Be sure that you are writing it in your words. Copying from the article is plagiarism and will result in a 0. You must also cite the author, name of the article, the publication, website (link us please), and the date of the article. After summarizing the article, add a paragraph that tells us how it impacts you or your loved ones.DB3Topic: Free markets can face interference from regulatory bodies in the form of a price floor or price ceiling. Examples of these are the minimum wage, rent control housing, medical insurance reimbursements to physicians, interest rate usury laws, agricultural subsidies, prescription drugs, and war time pricing. Often these issues have social aspects that can cause very strong emotions. As an economics student, it is important that you can analyze these topics objectively from an economic perspective. The concepts of supply, demand, and elasticities can help you to see how these government regulations change the market.Find a recent economic article that discusses how a price ceiling or floor impacts the market for a particular good or service. Read the article. Summarize the major points of the article in 5 bullets. Be sure that you are writing it in your words. Copying from the article is plagiarism and will result in a 0. You must also cite the author, name of the article, the publication, website (link us please), and the date of the article. After summarizing the article, add a paragraph that summarizes the pros of the action. Then add a paragraph that summarizes the cons of the action. Remember to use economic theory and be objective.DB4Everything costs something, doesn’t it? Is anything really free? Even if currency isn’t exchanged, there is a “price” for everything, right? However, in this assignment, you will explore the concept of “something for free.” Read this article: TANSTAAFL, There Ain’t No Such Thing as a Free Lunch (opens in new window). Respond to these questions in your forum post:What exactly does this mean, “There is no such thing as a free lunch.”? Be sure to also include the concepts of opportunity costs and tradeoffs.Think of something you’ve personally obtained for “free” and describe the hidden cost(s). What were the opportunity costs to you? Did you find out about these hidden costs or opportunity costs before or after you obtained it? This example should be something specific to you.
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