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Canal lining is the process of reducing seepage loss of irrigation water by adding an impermeable layer to the edges of the trench. Seepage can result in losses of 30 to 50 percent of irrigation water from canals, so adding lining can make irrigation systems more efficient. Canal linings are also used to prevent weed growth, which can spread ...
Key to effective and efficient water pricing is a systematic process to understand: (i) the value of water in alternative uses; (ii) the private and external costs of supplying water services; and (iii) the multiple options to determine an appropriate water tariff. Within the four dimensions of water pricing (uniform versus variable tariff and ...
In economics, the marginal cost is the change in the total cost that arises when the quantity produced is increased, i.e. the cost of producing additional quantity. [1] In some contexts, it refers to an increment of one unit of output, and in others it refers to the rate of change of total cost as output is increased by an infinitesimal amount ...
In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. In a free market economy, productively efficient firms optimize their production process by minimizing cost consistent with each possible level of production, and the result is a cost curve. Profit-maximizing firms use cost curves to ...
In economics, the long-run is a theoretical concept in which all markets are in equilibrium, and all prices and quantities have fully adjusted and are in equilibrium. The long-run contrasts with the short-run, in which there are some constraints and markets are not fully in equilibrium. More specifically, in microeconomics there are no fixed ...
e. A water supply network or water supply system is a system of engineered hydrologic and hydraulic components that provide water supply. A water supply system typically includes the following: A drainage basin (see water purification – sources of drinking water) A raw water collection point (above or below ground) where the water accumulates ...
t. e. Within economics, margin is a concept used to describe the current level of consumption or production of a good or service. [1] Margin also encompasses various concepts within economics, denoted as marginal concepts, which are used to explain the specific change in the quantity of goods and services produced and consumed.
In microeconomics, diseconomies of scale are the cost disadvantages that economic actors accrue due to an increase in organizational size or in output, resulting in production of goods and services at increased per-unit costs. The concept of diseconomies of scale is the opposite of economies of scale. It occurs when economies of scale become ...