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Untitled Deck
Study
1
Question
CE7413 Water Resources Systems
Answer
Course Name: Water Resources Systems Instructor: Dr. Sangam Shrestha Professor: Water Engineering and Management Institution: Asian Institute of Technology
2
Question
Water Pricing and Water Prices
Answer
Objectives of Water Pricing Water Pricing Methods Water Price Elasticity Residential, Agricultural, Industrial
3
Question
Water pricing
Answer
Term that covers various processes to assign a price to water. Differs under different circumstances such as bottled water, water tanker, utility tariffs, irrigation, direct abstraction. Price can be set in the market or determined administratively.
4
Question
Water Prices
Answer
Price paid by domestic user for water distribution, production, distribution and collective purification, collection and treatment of wastewater based on a reference consumption.
5
Question
Objectives of Water Pricing
Answer
Better water allocation and management, cost recovery, raising revenue income.
6
Question
Water levies in Australia
Answer
Water levies are implemented in Australia.
7
Question
Water levies in Mexico
Answer
Water levies are implemented in Mexico.
8
Question
Water Pricing Principles
Answer
Principles for water pricing: cost reflection, revenue adequacy, sustainable investment, regulatory efficiency, public interest.
9
Question
Water Pricing Methods
Answer
Declining block rates, increasing block rates, seasonal block rates, flat rates, uniform rates.
10
Question
Declining Block Rates
Answer
The price of water decreases as more water is used. Discourages conservation.
11
Question
Increasing Block Rates
Answer
The price of water increases as more water is used. Known to reduce average and peak water demand.
12
Question
Flat Rates
Answer
Charge the same fixed amount regardless of water consumption. Every customer in the same class is charged the same amount.
13
Question
Uniform Rates
Answer
Constant rate per unit of usage for all levels of use. All customers in the same class are charged the same unit rate for each unit of consumption.
14
Question
Seasonal Rates
Answer
Charge a higher price during peak season. Different rate structures are set for summer and winter.
15
Question
Price Elasticity of Water Demand
Answer
The relationship between water pricing and consumption. Price elasticity measures the responsiveness of quantity demanded to changes in price.
16
Question
Consumption charge formula
Answer
Price (p) * Quantity (q)
17
Question
Seasonal rates
Answer
Higher price during peak season
18
Question
Price elasticity of demand
Answer
Percentage change in quantity demanded / Percentage change in price
19
Question
Inelastic demand
Answer
Relative change in quantity demanded < Relative change in price
20
Question
Elastic demand
Answer
Percentage change in quantity demanded > Percentage change in price
21
Question
Residential water use
Answer
Relatively inelastic, changes in price have little effect
22
Question
Industrial water use
Answer
More responsive to price changes