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Perfect competition to what. Please be specific.
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∙ 12y ago
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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.
Why is water considered a scarce resource?
Water is considered as a scarce resource as fresh water occupies only 3% of total water found on earth.
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?
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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When was bottled water invented?
Charles Pinth invented bottled water in 1813. Dasani and Aquafina are 2 of the most popular brands of bottled water.
Is bottled water an element?
Bottled water, like any other water, is still H20.
Why did they make bottled water?
They made bottled water so that people can have portable water wherever they go.
Do chameleons drink bottled or tap water?
Bottled water that is purified would be best.
Does tap water cost more then bottled water?
Actually tap water is more regulated and pure than bottled water
Difference between bottled spring water and bottled mineral water?
Mineral water has minerals in it but spring water dosent.
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.
What is the consequence for water?
no bottled water
What are the examples of perfect competition in economics?
I have found one example on wikipedia where it says that eBay auctions can be seen as perfectly competitive. There are very low barriers to enter the market which means that anyone can sell a product, as well as buyers can buy any product they are looking for. Farming is also a perfect competition.
