In Manitoba, farmers pay a lower price for electricity than do city residents.

Comment about the efficiency and fairness of this allocation of electricity.

Study and comment the welfare of market participants if farmers were charged the same price as city residents pay.

If market price is the allocation scheme used, evaluate the efficiency of allocation of water.

Can the social planner raise the total economic well-being?

Please use thorough words and graphs to explain so I may understand better, thank you