TANSTAAFL—the mantra every economist learns at an early age. “There ain’t no such thing as a free lunch.” It is a settled economic principle that pretty much everything has a cost—more precisely, an opportunity cost. If you choose to do one thing, you are sacrificing the benefits you could be gaining....

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Stacy Langston explains why it’s more cost
effective to restore carpet versus replacing
the carpet when it’s heavily soiled.

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