788 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28
and
O° [LR]. +, 49li) x de(i)
(228-7) 7 3 |e ir | o(i) di?
Taking relations (220-7), (220-8), (220-9) and (220-13) into
consideration, we have
(228-8)
LR
[LR |=
FB 2
228-0) or | LR] = (1-24), < O
for 71=o0
for
1=0
Thus at any instant, Ro is a maximum if
(228-10)
>
7
N
Therefore we have
(228-11) R. is a maximum for 1(t) =¢(t)
Writing Rey for the maximum value of real consumed na-
lional income for =0 we have from (228-5)
228-12)
=e [5 “
CM (ip)
11] Allais - pag. 92