Numerous apartment-complex owners are installing water

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Reference no: EM13105818

Numerous apartment-complex owners are installing water meters for each apartment as well as billing the occupants according to the amount of water they use. This is in contrast to the former process of having a central meter for the entire complex and dividing up the water expense as part of the rent. Where individual meters have been installed water practise has declined 10 to 40 percent. Describe that drop referring to price and marginal utility.

Reference no: EM13105818

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