Many Countries Have Constructed Dams and Reservoirs as a Method

question 77

Essay

Many countries have constructed dams and reservoirs as a method to solve water shortages.What are some of the problems associated with dams and reservoirs?

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Definitions:

Profit

The financial gain obtained when the total revenues generated exceed the total costs incurred by a business.

Marginal Cost

The growth in total expenses incurred from the production of one more unit.

Output

The total amount of goods or services produced by a firm or country.

Demand

How much of a good or service that consumers can and want to buy, influenced by differing price levels.