Which of the Following Statements About Water Is True

question 134

Multiple Choice

Which of the following statements about water is true?

• A) The total amount of water that evaporates from soils, lakes, and rivers is greater than the amount that falls on them as precipitation.
• B) The average residence time of a water molecule in lakes and rivers is more than 2,000 years.
• C) The average residence time of a water molecule in living things is about four years.
• D) All of the above
• E) None of the above

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Definitions:

Third-Degree Price Discrimination

A pricing strategy where a seller charges different prices to different groups of consumers for the same product, based on varying demand elasticity.

More Elastic

Refers to the responsiveness of the quantity demanded or supplied of a good to changes in its price, with more elastic meaning more sensitive to price changes.

Monopolist

A single seller in a market who controls all the sales of a particular product or service, facing no competition.

Higher Price

An elevated cost or valuation of a product or service compared to previous levels.