The property rights theory of the firm is evaluated by comparing the cost structures of a sample of water agencies under two alternative modes of ownership ‐ public and investor owned. On the basis of the sample, investor owned water agencies appear to have lower cost structures.
A cross section demand function for water is estimated using individual residential dwelling units as the sample. Both assessed value of property and number of persons per dwelling are significant determinates of the quantity of water demanded consistent with the theoretical development. Moreover, it is concluded that there are economies of scale of water use with respect to household size.
limit of detectability by chemical analysis. Their effects on liquid-liquid coalescence are well known (Barnea, 1972). pa thus represents a criterion by means of which comparison of results pertaining to various effects in liquid-liquid systems may be rendered easier for analysis. For instance, Rodger et al. (1956) measured the specific area obtained in
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