Option values and additional option value added by the pulpwood output ($/ha) at for differing levels of ethanol price increases with a land value of $2000/ha.
| Price Increase (d) | Ethanol Only Model | Ethanol + Pulpwood Model | Additional Option Value |
|---|---|---|---|
| $/L | $/ha | ||
| 0.11 | 0 | 0 | 0 |
| 0.19 | 0 | 9 | 9 |
| 0.21 | 12 | 44 | 32 |
| 0.23 | 133 | 241 | 108 |
| 0.25 | 484 | 552 | 68 |
| Price Increase (d) | Ethanol Only Model | Ethanol + Pulpwood Model | Additional Option Value |
|---|---|---|---|
| $/L | $/ha | ||
| 0.11 | 0 | 0 | 0 |
| 0.19 | 0 | 9 | 9 |
| 0.21 | 12 | 44 | 32 |
| 0.23 | 133 | 241 | 108 |
| 0.25 | 484 | 552 | 68 |
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