Exam 16: Protecting Safe Drinking Water

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Based on your findings, show that the new lead standard passed the feasibility test for this three-year period. Sources: U.S. Federal Register 56 (110) (June 7, 1991); U.S. EPA, Office of Water, Office of Ground Water and Drinking Water (May 1991).

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2. The new standard easily passes the feasibility test because the feasibility ratio is PVB/PVC = 10.40/1.60 = 6.5, which is greater than unity. Equivalently, the feasibility differential is PVB - PVC = (10.40 - 1.60) = $8.80 billion, which is greater than zero.

Supplies of drinking water depend on

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D

The first Safe Drinking Water Act (SDWA) was passed in the 1970s.

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The Maximum Contaminant Level (MCL) is to be set as close to the Maximum Contaminant Level Goal (MCLG) as possible.

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A flat fee pricing scheme for water supplies

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The 1986 Safe Drinking Water Act Amendments

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The maximum contaminant level (MCL) for a drinking water contaminant

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Each National Primary Drinking Water Regulation (NPDWR) includes a Maximum Contaminant Level Goal (MCLG), a Maximum Contaminant Level (MCL), and Best Available Technology (BAT).

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The best available technology (BAT)

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According to available data, U.S. per capita water consumption is lower than more countries around the world.

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An increasing block pricing structure for water supplies

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In the United States, the first law dealing with drinking water was passed in the 1920s.

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The Safe Drinking Water Act Amendments of 1996 represent the law currently in force.

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The maximum contaminant level goals (MCLGs)

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Suppose that the U.S. market for bottled water is modeled as follows: S = MSC = 1 + 0.3Q D = MSB = 5 - 0.1Q, where Q is billions of gallons per year and MSC and MSB are in dollars per gallon. a. What is the equilibrium quantity (QE) and price (PE) in the U.S. bottled water market? b. At equilibrium price and quantity, how much total revenue will bottled water suppliers receive in a given year? c. Assume that concerns about tap water potability increase demand for bottled water, and that the new demand (D' ) is represented by the following: D' = MSB' = 7 - 0.1Q What is the new equilibrium quantity (QE' ) and price (PE ') in the U.S. bottled water market?

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Among the components of each NPDWR is

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Among the criteria used for identifying priority contaminants is that

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The most common pricing structure used for drinking water in the United States is the increasing block rate structure.

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Under the law, priority contaminants are those that are expected to have an adverse effect on the ecology.

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According to the text application on bottled water,

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