economic analysis of the pivotal wheat project

the purpose of this article is to evaluate the pivotal irrigated wheat project by cost-benefit analysis method in order to find the internal rate of return and the ratio of present value of net benefits to costs.to this end, we have estimated the economic surplus created due to shift in wheat supply , as result ofimplementation ofthe project and have calculated the above criteria. we found that irr and pv of net benefits to cost ratio under two alternative foreign exchange rate and appropriate supply elasticity range economically justify the project