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What about if lived in a desert

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Reference no: EM132995077

Question 1: It can be relatively easy to understand that a resource such as gold is scarce. But what about a resource such as water, with the world's oceans holding more than 300 million cubic miles of water?

Question 2: Economically speaking, do you think water is scarce? If you live next to the ocean, is water still scarce? What about if you lived in a desert? In your answer, include an explanation for the term scarcity.

Reference no: EM132995077

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