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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An interesting numerical example is given by Healy and Pesek in Econometrica, October 1960.
We shall see below that it is as a rule in this portion of the factor diagram that the economic adjustment will take place.
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© 1965 Springer Science+Business Media Dordrecht
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Frisch, R. (1965). The Ultra-Passum Law. The Regular Ultra-Passum Law. In: Theory of Production. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-6161-1_8
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DOI: https://doi.org/10.1007/978-94-017-6161-1_8
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