When Water Cannot Be Traded Among Current and Potential Users

question 92

Multiple Choice

When water cannot be traded among current and potential users, then

• A) each user will take more care to conserve, because added water cannot be obtained.
• B) users have a strong incentive to conserve because they are now protected from price increases imposed by greedy entrepreneurs.
• C) efficiency improves, as dry years can be better anticipated and planned for, and every user knows the quantity that will be available.
• D) water will not flow to its highest valued uses, and some users will use water for relatively low-valued uses, because they cannot gain by selling it to others.

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Definitions:

Unusual Tasks

Activities that deviate from what is commonly expected or considered normal, often requiring unique or creative approaches.

Group

Two or more people who share a common definition and evaluation of themselves and behave in accordance with such a definition.

Social Group

describes a collection of individuals who share some form of interaction, common goals, or a sense of belonging, typically characterized by social cohesion and group identity.

Interaction

The reciprocal action or influence between two or more entities or substances, often leading to a specific outcome.