“…See e.g. Hopper, 1957, Welsch, 1965, Chennareddy, 1967, Yotopoulos, 1967, Sahota, 1968 and However, the four studies examined indicate that the MVP deviated from the MFC on average by 41 percent. Naturally, this could easily indicate that a major reallocation of resources would be necessary, but in spite of that, all the studies examined report that the findings tend to confirm the Schultz hypothesis.…”