Solution 4 - ECON/FRE 374 Problem Set 4 Due: 4pm, Friday...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ECON/FRE 374 – Problem Set 4 Due: 4pm, Friday November 11 2005 Instructions: a) Your grade on this problem set will be determined by randomly grading a single problem from the set below. It is thus important to do each question carefully as any one problem could determine your grade. b) Problem sets are to be handed in at the beginning of class. Please do not upload your problem sets in WEBCT. c) Any problem set received after the time it is due will not be graded. d) Please label and mark all graphs clearly. Water Relative to the whole world, water is cheap in Canada 1 . Vancouver water rates 2 in 2005 is set on a flat rate of $ 306/yr for Single Family Dwelling and $ 207/yr for an apartment condominium unit $207.00. Metering is being considered to be in place. The metered rate for multi-family residential, industrial or commercial customers is $1.479 per 100 cubic feet or approximately 52 cents per cubic meter. Should Vancouver switch to metered pricing? Write a 300-word position paper to justify
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/29/2010 for the course ECONOMICS 300-400 taught by Professor Varies during the Spring '10 term at Cornell.

Page1 / 4

Solution 4 - ECON/FRE 374 Problem Set 4 Due: 4pm, Friday...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online