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Water. Does people’s use of water reflect rational choice?. Overall Water Use. The water industry estimates that an average person uses 3,000 gallons of water monthly basic household/domestic uses (bathing, cooking, washing, watering and recreation.
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Water • Does people’s use of water reflect rational choice?
Overall Water Use • The water industry estimates that an average person uses 3,000 gallons of water monthly basic household/domestic uses (bathing, cooking, washing, watering and recreation. • Per capita water use is about 1,400 gallons per day in the U.S, so household/domestic water use is only a drop in the bucket. • Agriculture 41% • Electric generation cooling 38% • Industry 11% • Public tap water (household) 10%
Quote of the Day “Non-vegetarians consume five cubic meters (176 cubic feet) of water per day. It is the water for food that is the big problem. Be rational and eat less meat.” -Source: VegNews, February 2009
Opportunity Cost What do you give up when you use water?
Review • How much water do you Want/Desire/Need ? • It depends: • On the circumstances • On personal interests, tastes, and values • On the PRICE of water • On the COST of waterhttp://ga.water.usgs.gov/edu/wateruse.htmlhttp://www.gdrc.org/uem/water/index.html