Protecting Fresh Water Quality and Quantity Is an Important Global

question 26

Multiple Choice

Protecting fresh water quality and quantity is an important global environmental issue because

• A) the shortage of fresh water in developing countries caused drought and water-borne diseases.
• B) rivers, lakes and bays have become contaminated in developed countries.
• C) the supply of accessible fresh water is limited.
• D) all of the above.

---

Definitions:

Substitution Effect

Variations in consumption habits influenced by the change in prices of goods in comparison to each other, leading to a preference shift among consumers from one good to another.

Cheaper

Describes goods or services being offered at a low price, especially in relation to comparable items.

More Expensive

Refers to items or services that have a higher cost or price in comparison to others.

Budget Constraint

The cap on the various combinations of goods and services a consumer is capable of purchasing, dictated by their earnings and the costs of these products and services.