Difficulty: Easy
Correct Answer: Cost of the dam per unit of storage is minimum
Explanation:
Introduction:
Selecting dam height balances incremental construction cost against incremental storage benefit. The “economic height” is the result of optimizing this balance for minimum cost per unit of useful storage.
Given Data / Assumptions:
Concept / Approach:
Define unit storage cost C_u = Total cost / Live storage. The economic height occurs at the minimum of C_u with respect to height, where marginal cost per extra unit storage equals the average cost per unit storage.
Step-by-Step Solution:
Relate cost curve (increasing, convex) and storage curve (increasing, concave).
Compute/visualize C_u vs. height; identify its minimum.
Interpret this minimum as the economic height because it yields the cheapest storage per unit volume.
Verification / Alternative check:
Benefit–cost analysis similarly points to the height where additional storage no longer justifies its extra cost, aligning with the minimum of C_u.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
Cost of the dam per unit of storage is minimum.
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