If increases in agricultural land values are viewed as a benefit of an irrigation project, then the market value of projected increased crops should also be included as a benefit of the project.

Question

Quizplus · Accepted Answer

Including both the increase in land values and the market value of increased crops would result in double-counting the benefits, as the land value increase already reflects the anticipated higher income from the crops.

If Increases in Agricultural Land Values Are Viewed as a Benefit