Explain the costs of making the water


A large city currently provides the free water service to residents. The marginal social cost of making a gallon of water available per month is calculated to be 5 cents no matter how much water is used. Currently, city residents consume the 500,000 gallons of water per month. The costs of making the water available are financed by a local tax on city.

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Macroeconomics: Explain the costs of making the water
Reference No:- TGS0870465

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