if there is a shortage of water resources in an area, it is immoral for any...

if there is a shortage of water resources in an area, it is immoral for any business to sell bottled water at double or more prices, rather than providing the best water at the lowest possible price." What does the supply curve for water (or anything else) look like?

To have more of anything (increase in quantity supplied) the price must increase, ceteris paribus.

Expert Solution

Rahul Sunny answered 9 months ago

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