Little City Company Operates a Public Water Supply System

question 26

Multiple Choice

Little City Company operates a public water supply system.Little must send to every household that it supplies with water an annual statement describing

• A)Little's financial situation and material facts that might affect it.
• B)other businesses in which Little is involved and to what extent.
• C)parties who might be held liable if pollution problems arise.
• D)the source of the water,and any contaminants and health concerns.

---

Definitions:

Market Economies

Economic systems in which decisions about production, investment, and distribution are based on supply and demand, and prices of goods and services are determined in free markets.

Basic Question

A fundamental inquiry that establishes the underlying principles or elements of a topic or issue.

Distribution of Income

The way in which a nation’s total earnings are divided among its population, or how the nation's wealth is shared among individuals.

Production

The process of creating goods and services to satisfy consumer demand.