Economic Adjustment under Elasticity Influenced Price-Quantity Adjustment

  • Ragnar Frisch


We shall continue to base ourselves on the presuppositions about the technical character of production as mentioned in the introduction to Part II (momentary single production with only continuity factors, whose quantities — and likewise product quantities — can be measured in technical units).


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  1. 1.
    A more detailed treatment of this subject is provided in my general lectures on economic theory.Google Scholar
  2. 1.
    Under constant prices.Google Scholar

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© Springer Science+Business Media Dordrecht 1965

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  • Ragnar Frisch

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