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Economic Adaptation under Multi-Ware Production

  • Ragnar Frisch

Abstract

Let
$$\begin{array}{l}\begin{array}{*{20}{c}}{{p^{1}} = {p^{1}}({x^{1}})} & {{q_{1}} = {q_{1}}({v_{1}}),} \\{{p^{2}} = {p^{2}}({x^{2}})} & {{q_{2}} = {q_{2}}({v_{2}})} \\\end{array} \\\begin{array}{*{20}{c}}{........} & {........} \\{{p^{m}} = {p^{m}}({x^{m}})} & {{q_{n}} = {q_{n}}({v_{n}})} \\\end{array} \\\end{array} $$
(15a.1)
be the product demand functions and the supply functions for the factors. For simplicity we shall restrict ourselves to dealing with factors that are independent in supply and products that are independent in demand, but no particular difficulty is involved in writing the corresponding generalised formulae.

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Copyright information

© Springer Science+Business Media Dordrecht 1965

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  • Ragnar Frisch

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