1
answer
0
watching
84
views
17 Aug 2018
The National School Lunch Program is a federally assisted meal program operating in over 100,000 public and non-profit private schools and residential child care institutions. It provided nutritionally balanced, low-cost or free lunches to more than 31 million children each school day in 2012. One noted economist said, "there is no such thing as a free lunch". In the context of supply and demand theory, discuss the implications of this statement and with respect to consumer welfare how would interpret the U.S. governments position on this matter?
The National School Lunch Program is a federally assisted meal program operating in over 100,000 public and non-profit private schools and residential child care institutions. It provided nutritionally balanced, low-cost or free lunches to more than 31 million children each school day in 2012. One noted economist said, "there is no such thing as a free lunch". In the context of supply and demand theory, discuss the implications of this statement and with respect to consumer welfare how would interpret the U.S. governments position on this matter?
Sixta KovacekLv2
19 Aug 2018
