Table 17-8

question 1

Multiple Choice

Table 17-8.For a certain small town,the table shows the demand schedule for water.Assume the marginal cost of supplying water is constant at $4 per bottle.

-Refer to Table 17-8.If there were many suppliers of bottled water,what would be the price and quantity?

• A) The price would be $6 per gallon and the quantity would be 400 gallons.
• B) The price would be $5 per gallon and the quantity would be 500 gallons.
• C) The price would be $4 per gallon and the quantity would be 600 gallons.
• D) The price would be $3 per gallon and the quantity would be 700 gallons.

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Definitions:

Irrigation

The artificial application of water to land to assist in the production of crops.

Porosity

The measure of void spaces in a material, indicating the volume percentage of pores or spaces between particles.

Unfractured Granite

A type of igneous rock, characterized by its large crystals and lack of cracks or fractures, often used in construction due to its strength.

Fine-Grained Sediment

Sediment that consists of tiny particles and fragments, such as clay or silt, which are often transported by water or wind and deposited in calm environments.