Business, 22.04.2020 01:23 melissapulido198

Suppose instead that the water used to irrigate comes from a common aquifer and that the two producers compete for water and seek to withdraw water until they break-even. How much water would each user withdraw? Why might we observe this behavior happening? Compare the determinants of a groundwater growth function to a fish growth function (consider for example what is required to have more fish and what is required to have more water and how these characteristics matter in decision making).

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