Ask your own question, for FREE!
OCW Scholar - Principles of Microeconomics 10 Online
OpenStudy (anonymous):

Lecture 2. Professor asked to better way of allocation of the water in California. He said each person uses 1000 gallons of water every year. Lets consider that true. We need some mathematical model for this but for the sake of understanding my solution let's say government charges same price each person for first say 700 gallons or 600 gallons and prices after that will double or increase by "X" amount. Will this model work?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
Arriyanalol: i need help
1 day ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
1 day ago 8 Replies 2 Medals
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!