7"
|
PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28
Now,
(221-3)
R, (t-6)=R,(#)e Ls p(u)du
so that
(221-4)
_ . f p(u)du
LR(t)=La(t)+ RLR, (1) B(o)(L[e “° g[t-0,0)]| de
Paretian Optimum Conditions
222. In conditions of Paretian optimum, the cost of pro-
duction Ro(#) of real consumed income Rg(f) is minimized.
Subject to the condition of the production function relationship
(221-4) at any time #; and according to (221-1) and (221-4) and
for values of g(#) and R,(#) considered as given, we have
(222-1)
de (t-6,6)d0=o
11] Allais - pag. 82