select the correct answer.\na severe water shortage recently hit country x. the government wants to ensure…

select the correct answer.\na severe water shortage recently hit country x. the government wants to ensure that drinking water remains affordable to the public. what policy or steps should the government undertake?\n○ a. decrease spending on water reforms.\n○ b. introduce a price floor on drinking water.\n○ c. increase taxes for working individuals.\n○ d. introduce a price ceiling on drinking water.\n○ e. increase taxes for producers of drinking water.

select the correct answer.\na severe water shortage recently hit country x. the government wants to ensure that drinking water remains affordable to the public. what policy or steps should the government undertake?\n○ a. decrease spending on water reforms.\n○ b. introduce a price floor on drinking water.\n○ c. increase taxes for working individuals.\n○ d. introduce a price ceiling on drinking water.\n○ e. increase taxes for producers of drinking water.

Answer

Answer:

D. Introduce a price ceiling on drinking water.

Brief Explanations:

A price ceiling sets a maximum price. To keep drinking - water affordable during a shortage, a price ceiling can prevent prices from rising too high. Decreasing water - reform spending (A) won't help affordability. A price floor (B) sets a minimum price, which could make water more expensive. Increasing taxes on workers (C) or producers (E) won't directly make water more affordable.