According to Water Resource Experts,what Are the Two Main Causes

question 58

Multiple Choice

According to water resource experts,what are the two main causes of water waste?​

• A) ​lack of government subsidies for improving the efficiency of water use and ignorance about the amount of water being wasted
• B) ​low cost of water to users and lack of government subsidies for improving the efficiency of water use
• C) ​industrial agricultural practices and over irrigation
• D) ​lack of information about efficient irrigation systems and lack of regulation of water use
• E) unsustainable management and overpumping of aquifers​

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Definitions:

Average Total Cost

Is calculated by dividing the total cost of production by the total quantity produced.

Economic Profit

The remaining amount after all explicit and implicit costs are deducted from the entire revenue.

Technological Breakthrough

A significant innovation or discovery that dramatically advances technology or improves processes and products.

Profit-Maximizing Monopolist

A monopolist entity that aims to maximize its profits by setting prices where marginal costs equal marginal revenues, given its unique market power.