Hydraulicists Often Express Rainfall in Acre-Feet

question 98

Short Answer

Hydraulicists often express rainfall in acre-feet. This is the amount of water required to cover an area of one acre to a depth of one foot. There are 640.0 acres in a square mile, and 5280 feet in one mile. How many cubic yards are there in one acre-foot?

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Definitions:

ATC Curve

Stands for Average Total Cost curve, a graph that represents the average total cost of producing a good or service at different levels of output.

Monopolistic Competitor

A firm in a market structure where many companies sell products that are similar but not identical, leading to competition based on factors other than price.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets or segments.

Marginal Revenue

The additional revenue that a company earns from selling one more unit of a product.