An Analysis of Reconstituted Fluid Milk Pricing Policy

Autor: Glen D. Whipple
Rok vydání: 1983
Předmět:
Zdroj: American Journal of Agricultural Economics. 65(2):207-213
DOI: 10.2307/1240866
Popis: This analysis suggests that alteration of the reconstituted fluid milk pricing provisions of federal and state milk market orders would have a substantial impact on market equilibrium. A reactive programming model of the U.S. milk market was used to simulate the effects of altered reconstituted fluid milk pricing policy. The solutions indicate that reconstituted fluid milk, as a lower cost alternative to fresh fluid milk, would make up a substantial portion of the fluid milk consumption in some markets.
Databáze: OpenAIRE