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The Ultra-Passum Law. The Regular Ultra-Passum Law

  • Ragnar Frisch

Abstract

In Section 7a we defined the ultra-passum law as a production law in which the passus coefficient was not equal to 1 in every factor combination. In other words there exists at least one point where the passus coefficient is different from unity. For the sake of precision we shall call this a general ultra-passum law.

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References

  1. 1.
    An interesting numerical example is given by Healy and Pesek in Econometrica, October 1960.Google Scholar
  2. 1.
    We shall see below that it is as a rule in this portion of the factor diagram that the economic adjustment will take place.Google Scholar

Copyright information

© Springer Science+Business Media Dordrecht 1965

Authors and Affiliations

  • Ragnar Frisch

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