http://www.expressindia.com/latest-news/water-crisis-looms-bmc-to-cut-supply-to-new-buildings-by-half/378391/

Water Crisis Looms, BMC to cut supply to new buildings by half

Summary

This article talks about how in Mumbai, water supply is running low because new buildings are using more water than needed. With all the Jacuzzi and swimming pools the budget for water is running even lower! So they made a new rule for each person in Mumbai, each person is only allowed to use a certain amount of water each day. If you use more than that amount you will be penalized. The BMC also got granted to for new connections on humanitarians ground. The article also talks about the city’s daily consumption of water and the amount of water that should have been being used.

Relation

Water being cut down in this article shows what we call supply and demand! The less water there is the more demand for it there is. Water is an essential item for life, so of course the demand for it, is high. It doesn’t matter is the price high for it, because people will still buy it. This article shows elastic demand because there is a change in demand which causes the quantity of demand to increase. The more they restrict the water usage the more water people would want to use.

Opinion

In my opinion I believe what they’re doing right now is not a bad idea. It is actually quite a good idea, a great way of trying to preserve water. Limiting the amount of water people are able to use and if they go overboard they get penalized is a great way of teaching people a lesson. Being penalized and learning a lesson, the chances of people doing that again are low. People are learning slowly on how they can preserve the natural things we need in life.