This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider a remote village with a limited, freely available water supply and no government ... (Read 50 times)

xman15.

  • Full Member
  • ***
  • Posts: 155
on: Oct 12, 2022
Consider a remote village with a limited, freely available water supply and no government intervention in the allocation of water. Economic theory predicts that the water will be
◦ allocated efficiently because users will tend to use the water until marginal cost and marginal benefit are both equal to zero.
◦ allocated efficiently because users will tend to use the water as though it were a public good.
◦ overexploited because users will tend to use the water until the marginal cost of providing the water is zero.
◦ allocated efficiently because users will tend to use the water until the supply and demand are in equilibrium.
◦ overexploited because users will tend to use the water until their marginal benefit is zero.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by xman15. on Oct 12, 2022

aublw

  • Full Member
  • ***
  • Posts: 168
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


xman15.

  • Member
  • Posts: 155
Reply 2 on: Oct 12, 2022
:D TYSM

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Participation of water in biological reactions Participation of water in biological reactions
Water Polar Bond Water Polar Bond
Evidence of Water on Mars Evidence of Water on Mars
Attraction between water molecules showing polar covalent bonding. Attraction between water molecules showing polar covalent bonding.
Government Corruption versus GDP per Capita, 2009 Government Corruption versus GDP per Capita, 2009
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Muscle cell structures - actin, myosin and titin filaments

For a complete list of videos, visit our video library