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Business, 19.02.2021 01:00 Brainlyisuseful

An apartment complex included a fixed price of water in the monthly rent. One day, the city decided to attach a water meter to each individual apartment and charge the tenant for actual water usage. As a result, water usage in the apartment complex went way down. Explain this situation using a principle of economics (10 points)

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An apartment complex included a fixed price of water in the monthly rent. One day, the city decided...
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