Aquifers are underground sources of clean water that, Microeconomics

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Aquifers are underground sources of clean water that

Problem

Aquifers are underground sources of clean water that stretch over thousands of square miles. People who own land over the aquifer are free to take as much as they want. What is likely to happen to water supplies in an aquifer? Is this efficient?

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Microeconomics: Aquifers are underground sources of clean water that

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