​Which Statement Regarding Water Use and Cost Is Not True

question 53

Multiple Choice

​Which statement regarding water use and cost is not true?

• A)​As urban populations grow, projections are that by 2040, Texas cities will use more water than Texas farmers.
• B)​As urban populations grow, the cities can afford to pay more for water than agricultural interests can.
• C)​As urban dwellers move to rural areas for more land, the battle over water between rural and urban areas will even out.
• D)​The battle between rice farmers and the Lower Colorado River Authority exemplifies the fight over cost and use of Texas's limited water resources.
• E)​As urban populations grow, cities will inevitably crowd farmers out of the water market.

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Definitions:

Direct Labor

The wages paid to workers who are directly involved in the production of goods or the provision of services.

Units

Units typically refer to the individual items or quantities of a product or service produced or sold by a business.

Activity Variance

The difference between what was planned in terms of activity levels or costs and what was actually achieved.

Administrative Expenses

Costs related to the general operation of a business, such as salaries of executive personnel and office supplies.