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What are some examples of goods that are considered perfect substitutes for each other?
Examples of goods that are considered perfect substitutes for each other include generic brands of products such as store-brand cereals, bottled water, and over-the-counter medications. These goods are identical in quality and function, allowing consumers to easily switch between them based on price or availability.
Use an appropriate diagram to analyze on the effects on the market equilibrium price and quantity traded for bottled water followinga a fall in the price of bottled water?
use an appropriate diagram to analyse the effects on market equilibrium price and quantity traded for bottled water following: A fall in price of bottled water
What year did bottle water start?
Bottled water began in the mid '80s. The bottled water market really boomed between 1990 and present day. Bottling water made water a market source allowing for a healthy alternative to bottled sodas and other similar products.
Why should you use reusable water bottles?
The reputation of bottled water is lying bleeding in the gutter, which probably isn't a bad thing.While the product certainly does have its place, disposable plastic water bottles have become a blight on the planet due to the levels of consumption of bottled water products.The plastic in disposable water bottles http://wiki.answers.com/articles/187/1/Recycling-by-the-numbers.html, but where there is no deposit system such as we have in South Australia, the majority of the bottles wind up in landfill.According to statistics from the International Bottled Water Association, in 2000 Americans consumed 4.7 billion gallons of bottled water, which represented less than 9 percent of total beverage consumption. By 2008 bottled water consumption increased to almost 8.7 billion gallons.However, after the bad press bottled water received regarding plastic waste and water quality a couple of years back, an interesting thing took place.In 2007, Americans were drinking on average 29.0 gallons of bottled water a year; a 5.3% increase on the previous year. In 2008, that had dropped to 28.5 gallons; a drop of 1.8% and the first drop in over a decade.The International Bottled Water Association acknowledges that environmental concerns may have played a role in the drop.People didn't stop drinking water, so what happened?Refillable water bottles did.Aside from the environmental benefits of using a refillable water bottle, I ran some quick calculations for my article "http://wiki.answers.com/blogs/459/Is-water-too-cheap.htmlwater too cheap?" and found that the water we get from our taps here in Australia costs about USD 0.4 cents per gallon. I have only ever bought one bottle of water a few months back and that quart cost a few bucks!With the addition of a home water filter, you can have water as good, if not better than many bottled water brands - as some of the bottled water brands pull their water directly from municipal supplies and at times don't even bother filtering it.
Is Water and sewer service a Monopolistic competition?
No it is Monopoly.
Is bottled water taxable?
Whether bottled water is taxable depends on the jurisdiction. In some places, bottled water is considered a taxable item, while in others, it may be exempt as a necessary food or beverage. It's essential to check local sales tax regulations to determine the specific tax status of bottled water in your area.
Use the bottled in a sentence?
Please grab the bottled water in the fridge!=Do not let the bottled water go to waste. The bottled water in the pantry is Aquafinas, not Zephyrhills. =P Lolz..=
What is the difference between bottled spring water and bottled distilled water?
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What is the difference between bottled spring water and distilled water, and which tastes best?
The water in my area sometimes tastes odd. What is considered the better choice in terms of pure drinking water? How does bottled spring water compare to distilled water? Whats the difference between the two?
What are some examples of goods that are considered perfect substitutes for each other?
Examples of goods that are considered perfect substitutes for each other include generic brands of products such as store-brand cereals, bottled water, and over-the-counter medications. These goods are identical in quality and function, allowing consumers to easily switch between them based on price or availability.
Is bottled water an element?
Bottled water, like any other water, is still H20.
Is bottled water a compound or mixture?
Bottled water is generally considered a mixture rather than a compound. It primarily consists of water, which is H2O, but it may also contain various dissolved minerals, gases, and impurities that can vary by source. These additional components mean that bottled water does not have a fixed composition, characteristic of a mixture. In contrast, a compound has a consistent chemical composition throughout.
Do chameleons drink bottled or tap water?
Bottled water that is purified would be best.
Why did they make bottled water?
They made bottled water so that people can have portable water wherever they go.
Does tap water cost more then bottled water?
Actually tap water is more regulated and pure than bottled water
When a country allows trade and becomes an importer of bottled water what are the consequences?
When a country becomes an importer of bottled water, it may experience several consequences. Economically, it can lead to increased competition for local water producers, potentially driving up prices and affecting local businesses. Environmentally, the rise in bottled water consumption can lead to increased plastic waste and resource extraction, straining local water supplies. Additionally, the cultural perception of water may shift, with bottled water becoming preferred over tap water, which can impact public health initiatives aimed at promoting safe drinking water.
Is bottled water soft water?
Bottled water is not necessarily soft water. Much of the bottled water sold in stores is plain tap water, some is from springs containing various minerals in solution, and some is distilled water.
