An Essay on the Co-ordination of the Laws of Distribution.

Wicksteed, P. H. (1894). An Essay on the Co-ordination of the Laws of Distribution.

Type

Book

Intellectual base

Review or monograph

Year

1894

Link

https://archive.org/details/in.ernet.dli.2015.90606

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Diminishing Returns (Law of)
  • and Wicksteed (1894)

    This sourceFirst mathematical proof (via Euler's theorem) of the product-exhaustion theorem: under perfect competition and a linearly-homogeneous (constant-returns-to-scale) production function, paying each factor its marginal product exactly exhausts total output — supports the prime's statement of the Wicksteed product-exhaustion theorem.

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