Jennifer has a limited amount of water at home because of a problem with her pipes. The plumber isn’t available right away, and so she must live with a limited water supply for the day. Jennifer needs to take a bath, water her plants, and do the dishes. If she uses all the water to have a luxurious bath, there would be no more water for the plants and the dishes. So, she decides to use only a bucket of water for a quick bath, another bucket for watering plants, and one bucket to clean the dishes. She saves and stores some water in the bathroom. Which economic concepts are at play here?

scarcity

labor

entrepreneurship

diversification

marginal analysis

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Which of the following describes an effect of globalization? a. car parts are manufactured in asia. b. an american company has factories in mexico. c. diamonds and other gems are sold in africa. d. china has placed restrictions on burning coal. drag the descriptions of developing and developed countries to the appropriate boxes. high income low income economy based on manufacturing economy based on services and finance widespread access to healthcare high poverty rates developing(box) developed (box) what is one development in medicine that has occurred because of new surgical techniques? a. more people die during long surgical procedures. b. transplants of organs have become more common. c. fewer people are opting for major surgeries. d. too many people are attending school to become surgeons. what most likely caused the condition shown in this photograph? a. overpopulation b. deforestation c. high carbon dioxide levels d. competition for water which of the following has occurred because of increased competition for resources? a. increased dependence on fossil fuels b. overproduction of coal c. water shortages d. overdependence on solar power what invention led to the development of smaller computers after the 1960s? a. the electronic circuit board b. the internet c. email d. the calculator