Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4. (20 marks) Suppose a farming village in one of the North-eastern provinces of Thailand is facing severe long term draught problems. The rice farm

4. (20 marks) Suppose a farming village in one of the North-eastern provinces of Thailand is facing severe long term draught problems. The rice farm in the village depends entirely on rain. There are three solution options being considered, (A) digging a large pond to hold water, (B) digging multiple underground wells to draw water from the aquifer, or (C) installing a pipe to pump water from a small river 500 meters away. Assess the possible impacts on the following aspects. (a)(5 marks) Identify different groups of villagers who will be affected by the draught (without the adaptation) and the ones who will be benefit from and may be worse off by each options (after the adaptation project is implemented). (b) (5 marks) Identify the possible important costs and benefits related to each options. (d)(2 marks) Which option should be chosen if the village can find sufficient budget and why? (e) (2 marks) Which option should be chosen if the budget is very limited, and why

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Math For Business And Finance An Algebraic Approach

Authors: Jeffrey Slater, Sharon Wittry

1st Edition

0077639626, 9780077639624

More Books

Students also viewed these Economics questions

Question

Explain the basic features of stakeholder theory.

Answered: 1 week ago

Question

Self-confidence

Answered: 1 week ago

Question

The number of people commenting on the statement

Answered: 1 week ago