What technique can most efficiently lessen water shortages caused by droughts?

a. restricting water usage of consumers
b. allowing price to equate the quantity demanded of water with the quantity supplied of water
c. imposing tight price controls on water
d. arresting anyone who wastes water


Answer: b. allowing price to equate the quantity demanded of water with the quantity supplied of water

Business

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Answer the following statement true (T) or false (F)

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Indicate whether the statement is true or false

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