Review report the samoa water authority

Assignment Help Microeconomics
Reference no: EM133436069

Assignment:

According to a report by the Samoa Water Authority, the average four-member household uses about 345 gallons of water daily. The report broke that down into 235 gallons for inside use and 110 for outside use. Of the "inside" water, about 95 gallons per day went to flush toilets. Drinking and cooking used 9 to 10 gallons per day. Water rates vary, but they are rarely higher than 0.1 cent (that's $0.001) per gallon (which is a much lower price than we used in our hypothetical township example!). Would a doubling or even a quadrupling of water rates from the $0.001 level work a serious hardship on poor people?

Reference no: EM133436069

Questions Cloud

What is the actuarially fair premium price for this policy : Carolina is looking to get insurance and she contacts Geico who offer her an insurance policy that will pay $300,000 if the restaurant incurs partial damage.
Identify the toyota in innova hycross top model : Analyse the non-price factors that influence the demand for Toyota Innova Hycross top model. How do these non-price factors affect demand for this vehicle?
Which do you favour-free trade or protection : Assume you are voting on a request before the ministry called International Trade Canada to raise the tariff on imports of rubber thread.
Why is it important to learn about an organization mission : Why is it important to learn about an organization's mission, goals, objectives, and strategies and how might this aid in your professional development as
Review report the samoa water authority : According to a report by the Samoa Water Authority, the average four-member household uses about 345 gallons of water daily.
Discuss the definition of an organizations need : discuss the definition of an organization's "need," as contrasted with wants, quasi-needs, wishes, methods, means and/or fads. Give an example of a need
How the benefits you chose would retain you as an employee : Select three benefits that are most important to you and discuss why you chose those benefits. Consider how the benefits you chose would retain you
What is his marginal rate of substitution of bottle of vodka : Devise a utility function to represent these preferences. What is his marginal rate of substitution of a bottle of vodka for six packs of beer?
Which corporate hr role you would advocate as being most : which corporate HR role you would advocate as being most effective under which internationalization strategy, and why. You should substantiate your arguments

Reviews

Write a Review

Microeconomics Questions & Answers

  Distinguish between demand and quantity demanded

Distinguish between demand and quantity demanded. What determinants cause a shift in demand? The response must be typed.

  What kind of market structure is gas-fuel station industry

What kind of market structure is the gas/fuel station industry? monopolistic competition, oligopoly, or monopoly and why is it the selected market structure

  At which price is demand the most elastic

Using the midpoint method, what is the price elasticity of demand from a price of $5.00 to a price of $4.00 per pack of 100 screws

  Cost to reduce mercury emissions from coal-fired power plan

There is considerable uncertainty about how much it will cost to reduce mercury emissions from coal-fired power plants

  What arguments can you use to rebut the assertion

When someone argues that the national debt is bankrupting the country.

  What is tuition per credit hour each year

City University's enrollment is 12,298 full-time equivalent students (at 12 credit-hours each), with 3% Annual increases. The university's cost per credit-hour.

  List four factors that will decrease the demand

A change in demand could be cause by certain factor. List four factors that will decrease the demand (shifting of the demand curve) for a product

  Rational business and will adjust its emissions

Rational business and will adjust its emissions in response to the pollution tax. Solve for Q to find the optimal level of pollution reduction

  What assumptions can you make about how airlines adjusted

the demand for international flights in the us is on average less elastic to price than the demand for domestic

  Financial recession

Financial Recession: There has been a rise in mortgage defaults leading to an increase in the risk premium in the economy. (increase f).

  To discuss the balance of fixed and variable cost

Businesses often decide between using automation and labor in production. An automotive environment may have high fixed costs and low variable costs.

  What is opec optimal level of production

Suppose that, over the short run (say, the next five years), demand for OPEC oil is given by Q = 57.5 - .5P or, equivalently, P = 115 - 2Q. (Here Q is measured in millions of barrels per day.) OPEC's marginal cost per barrel is $15- What is OPE..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd