water scarcity is defined as: group of answer choices a layer or section of earth that contains freshwater. an annual supply of renewable freshwater between 1,000 and 1,700 cubic meters per person. an annual supply of renewable freshwater less than 1,000 cubic meters per person. the natural cycle by which water evaporates from water bodies. the water that is delivered to the distribution system after treatment.



Answer :

Only about 1,000 cubic meters of sustainable groundwater per person every year.

What is an illustration of scarcity?

Energy resources are inherently scarce, including gold, oil, silver, and other fossil fuels. These materials become scarce and their prices may rise as demand outpaces supply. Due to their scarcity and market dominance, some commodities, like diamonds, fetch high prices.

What does economic scarcity mean?

Limitation is one of the key concepts in economics. It shows that there is indeed a discrepancy in the demand for a good or service compared to the supply. Therefore, scarcity may limit the choices made available to customers, who ultimately stimulate the economy.

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