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The Interrelationship between Markets
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The Interrelationship between Markets
The Input Parameters:
World Income (stable, increase, decrease)
increase
stable
decrease
Income Tax (stable, increase, decrease)
increase
stable
decrease
Advertising Budget (stable, increase, decrease)
increase
stable
decrease
Corporation Tax for Growers (stable, increase, decrease)
increase
stable
decrease
Harvest Conditions (stable, poor=decrease, good=increases)
poor
stable
good
Elasticity Parameters
PED of Milk
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1
PES of Milk
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1
CPED Coffee with Milk
-2.0
-1.8
-1.6
-1.4
-1.2
-1.0
-0.8
-0.6
-0.4
-0.2
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
1.8
2.0
PED of Coffee
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1
PES of Coffee
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1
YED of Coffee
-2.1
-1.9
-1.7
-1.5
-1.3
-1.1
-0.9
-0.7
-0.5
-0.3
-0.1
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1
PED of Tea
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1
PES of Tea
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1
CPED Tea with Coffee
-2.1
-1.9
-1.7
-1.5
-1.3
-1.1
-0.9
-0.7
-0.5
-0.3
-0.1
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1
AED of Coffee
-2.1
-1.9
-1.7
-1.5
-1.3
-1.1
-0.9
-0.7
-0.5
-0.3
-0.1
0.1
0.3
0.5
0.7
0.9
1.1
1.3
1.5
1.7
1.9
2.1