Using the (same) graphs of the two water districts on the next page, calculate the combined total revenue loss from a combined water delivery cutback of 48,000 AF allocated equally between Water District 1 and Water District 2. [NOTE: Within each district, losses are to be minimized.] Show your work for determining each district’s revenue loss (using the water use and the marginal revenue value). You may want to do your work on the graphs but it is not required. Please be careful reading the units on both axes and also adjust the revenue loss for the fact that the water usage is in ‘000 AF. 

Transcribed Image Text:

Revenu rejemny 3000 2100 2000 1500 1000 900 800 400 800 200 200 Peaches S Tomatoes 8 R 30 Water District 1 Almonds Cover Usage (0) Water District 2 • Onions 9 R Wheat 2 10 Cotton Irrigated Pasture 118 Revenu rejemny 3000 2100 2000 1500 1000 900 800 400 800 200 200 Peaches S Tomatoes 8 R 30 Water District 1 Almonds Cover Usage (0) Water District 2 • Onions 9 R Wheat 2 10 Cotton Irrigated Pasture 118

Answer rating: 100% (QA)

Water District 1 Revenue loss from a water delivery cutback of 24000 AF Total revenue loss 2400... View the full answer