Question

Based on the information presented in this scenario, what can you determine about the copper piping? Copper is a resource that is less scarce then plastic. Copper is more freely available than plastic. Copper is a renewable resource. Copper is a scarce resource, which increases its value.

Answer 1

Answer: Copper is a scarce resource, which increases its value

Explanation:

The demand for copper is high and it's supply is not matching up it's demand as it is finite in quantity. Due to these finite nature of it where it could be scarce at some point, these makes it to have an increase in value based on the economic law of supply and demand.

Answer 2

According to the Information, we can determine that Copper is a scarce resource which increases its value.

What is Scarcity?

Scarcity means the act of being limlted in supply and Copper is an example of a scarce commodity

Generally, the demand for copper is high and its supply is not matching up its demand because of scarcity

Hence, we can determine that Copper is a scarce resource which increases its value.

Therefore, the Option C is correct.

Read more about scarcity

brainly.com/question/24403498