Object: Study week on the econometric approach to development planning

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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
	        
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