While There Is Not Yet a Global Shortage of Fresh

question 5

Multiple Choice

While there is not yet a global shortage of fresh water in the world, several regions are already experiencing severe shortages. Why are these regions experiencing such shortages?

• A)Due to the continued salinization of existing water supplies
• B)Due to increased rates of evaporation caused by warmer than average temperatures
• C)Due to increased consumption
• D)Due to the pollution of existing water supplies from new chemical plants

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Definitions:

High-Low Method

A technique used in cost accounting to determine variable and fixed costs based on the highest and lowest levels of activity.

Machine Hours

A measure of the amount of time a machine is in operation, used as a basis for allocating manufacturing overhead to products.

Electrical Cost

The expense incurred from the consumption of electricity by a business or home.

Curvilinear Fashion

A term describing a line or relationship that curves in a smooth, non-linear manner, indicating a complex relationship between variables.