AN ECONOMIC EVALUATION OF COTTON AND PEANUT RESEARCH IN SOUTHEASTERN UNITED STATES



Table 5: Sensitivity of IRR Results for Cotton and Peanuts

COTTON

PRICE ELASTICITY OF
SUPPLY

PRICE ELASTICITY OF
DEMAND

IRR

1.391

.55

53.58%

1.711

.55

53.05%

1.071

.55

54.36%

1.391

.65

52.38%

1.391

.45

54.98%

PEANUTS

PRICE ELASTICITY OF
SUPPLY

PRICE ELASTICITY OF
DEMAND

IRR

.81

.10

23.87%

.86

.10

23.94%

.76

.10

23.82%

.81

.13

23.04%

.81

.07

24.75%

19



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