1) Based on your understanding of the topic of water pricing anddemand: 1. Briefly, discuss why water should have a price. 2. Whatis the relationship between price and demand? 3. You have differentwater demands as follow (industrial, agricultural, drinking,washing clothes, cooking, car wash). Discuss the elasticity ofdemand and order these demands based on the concept of elasticityand rigidity. 4. Discuss how the population growth affects thewater demand.
2) You are requested by a consultancy office to participate inpreparing a water demand management plan for a city with a totalpopulation of 750,000. Discuss in details the main points that youwill take it in your consideration as well as the main componentsof this plan.