Which one of the following is an example of demand-side water management?
a. Expanded development of groundwater aquifers
b. Desalination
c. Building large dams
d. Increasing water prices
e. Building small dams
Ans: d. Increasing water prices
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Refer to Game Matrix I. The only Nash equilibrium for this game is in
a. the upper left-hand corner.
b. the upper right-hand corner.
c. the lower left-hand corner.
d. the lower right-hand corner.
Is Europe an optimum currency area?
What will be an ideal response?
When the price of pens went from $1 to $1.50, the quantity demanded of pencils changed from 50 to 75 a day. The cross-price elasticity of demand for pencils (using the initial value formula) is:
A. 1. B. 0.4. C. 0.2. D. -0.2.
An item to which a business holds legal claim is called a(n)
A. opportunity cost. B. loan. C. asset. D. liability.