Estimate the fvalue of the lost fertility of the soil

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In Burgess County, current irrigation methods are leading to rising salt levels in agricultural fields. As a result, the number of bushels of corn that can be harvested per acre is declining. If you are a county agricultural economist, what two approaches might you consider using to estimate the value of the lost fertility of the soil during the current year? What sorts of economic and technological information would you need to come up with your estimates?

Reference no: EM131181519

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