The city of Jefferson is reviewing the benefits and costs of a potential universal water-metering program. Two options are considered:• Option I: Treated Surface Water Only Benefits of Deferring/DownsizingWater and Sewer Projects-$28.l millionCosts of Metering-$9.3 million Benefit-Cost Ratio-3.02• Option 2: Treated Surface Water Supplemented By 40 MUDay Groundwater Benefits of Deferring/Downsizing Water and Sewer Projects-$38.9 millionCosts of Metering (and groundwater development)-$14.7 millionBenefit-Cost Ratio-2.65 Which option should the city implement, assuming that the city has enough money to fund either project?(a) Option 1.(b) Option 2.(c) Neither.( d) Both options.
The city of Jefferson is reviewing the benefits and costs of a potential universal water-metering program. Two options are considered:
• Option I: Treated Surface Water Only Benefits of Deferring/Downsizing
Water and Sewer Projects-$28.l million
Costs of Metering-$9.3 million Benefit-Cost Ratio-3.02
• Option 2: Treated Surface Water Supplemented By 40 MUDay Groundwater Benefits of Deferring/Downsizing Water and Sewer Projects-$38.9 million
Costs of Metering (and groundwater development)-$14.7 million
Benefit-Cost Ratio-2.65 Which option should the city implement, assuming that the city has enough money to fund either project?
(a) Option 1.
(b) Option 2.
(c) Neither.
( d) Both options.
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