Answer: C
Answer: C
Answer: C
12. Michigan has an abundant supply of fresh water. However, an economist would consider it a scarce
resource because _____
a. water is necessary for human survival.
b. pollution will eventually destroy all life in the Great Lakes.
c. water is limited in supply relative to people's unlimited
wants.
d. water commands a very high price.
e. the cost of supplying water is prohibitively high.
ANSWER: c
Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.
Alternative Proxies: