Elasticities according to the level of the transition function |${\textit{G}}$|
. | Elasticity of concentrates . | Elasticity of maize fodder . | Elasticity of grassland . | |||
---|---|---|---|---|---|---|
. | Concentrate price . | Milk price . | Concentrate price . | Milk price . | Concentrate price . | Milk price . |
|$G \to 0$| | −0.32 | 1.38 | 0.08 | −0.82 | 0.02 | 0.16 |
|$G = 0.5$| | −0.37 | 1.43 | 0.04 | −0.79 | 0.01 | 0.17 |
|$G \to 1$| | −0.42 | 1.48 | −0.01 | −0.75 | 0.007 | 0.18 |
. | Elasticity of concentrates . | Elasticity of maize fodder . | Elasticity of grassland . | |||
---|---|---|---|---|---|---|
. | Concentrate price . | Milk price . | Concentrate price . | Milk price . | Concentrate price . | Milk price . |
|$G \to 0$| | −0.32 | 1.38 | 0.08 | −0.82 | 0.02 | 0.16 |
|$G = 0.5$| | −0.37 | 1.43 | 0.04 | −0.79 | 0.01 | 0.17 |
|$G \to 1$| | −0.42 | 1.48 | −0.01 | −0.75 | 0.007 | 0.18 |
Elasticities according to the level of the transition function |${\textit{G}}$|
. | Elasticity of concentrates . | Elasticity of maize fodder . | Elasticity of grassland . | |||
---|---|---|---|---|---|---|
. | Concentrate price . | Milk price . | Concentrate price . | Milk price . | Concentrate price . | Milk price . |
|$G \to 0$| | −0.32 | 1.38 | 0.08 | −0.82 | 0.02 | 0.16 |
|$G = 0.5$| | −0.37 | 1.43 | 0.04 | −0.79 | 0.01 | 0.17 |
|$G \to 1$| | −0.42 | 1.48 | −0.01 | −0.75 | 0.007 | 0.18 |
. | Elasticity of concentrates . | Elasticity of maize fodder . | Elasticity of grassland . | |||
---|---|---|---|---|---|---|
. | Concentrate price . | Milk price . | Concentrate price . | Milk price . | Concentrate price . | Milk price . |
|$G \to 0$| | −0.32 | 1.38 | 0.08 | −0.82 | 0.02 | 0.16 |
|$G = 0.5$| | −0.37 | 1.43 | 0.04 | −0.79 | 0.01 | 0.17 |
|$G \to 1$| | −0.42 | 1.48 | −0.01 | −0.75 | 0.007 | 0.18 |
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