18 



16 



14 



12 



CO 



a: 

 < 



o 



Q 

 Ll_ 



o 



C/) 



o 

 < 



CO 



=) 

 o 



I 



10 



NET INCOME FUNCTIONS FOR THREE MILK 

 RESPONSE FUNCTIONS 

 MILK PRICE = $5.00 PER CWT. 

 CROPLAND = 100 ACRES 



HIGH>5 



MEDIUM 



LOW 



NO HAY SALES 



HAY SALES AT 

 $27.00/ TON 



10 



20 



30 

 COWS 



40 



50 



60 



Figfure 7. Net income functions for 100 acres of cropland and various 

 numbers of low, medium or high quality cows with a milk price of $5.00 per 

 cwt. and with and without hay sales. 



26 



