Public Goods and water suppy
7 important questions on Public Goods and water suppy
What are specific characters of water? (6 things)
2. Non-substitutable
3. A flux
4. Varying availability and quality
5. Difficult to transport
6. Not a homogenous market
What is the diamond-water paradox?
How is the value of water determined?
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What do marginal values represent?
What do net values represent?
What are examples of variable costs of water supply?
What are examples of supply enhancement strategies?
2. Drill wells
3. Repair leaky infrastructure
4. Build desalinization plants
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