relative price

简明释义

相对价格

英英释义

The price of a good or service in comparison to the price of another good or service, often expressed as a ratio.

一种商品或服务的价格与另一种商品或服务的价格进行比较时的价格,通常以比率的形式表示。

例句

1.When comparing the cost of apples and oranges, it's important to consider their relative price (相对价格) to make an informed decision.

在比较苹果和橙子的成本时,考虑它们的相对价格(相对价格)是做出明智决策的重要因素。

2.Understanding the relative price (相对价格) of goods can help consumers budget their expenses better.

理解商品的相对价格(相对价格)可以帮助消费者更好地制定预算。

3.The relative price (相对价格) of housing has increased significantly in urban areas compared to rural regions.

与农村地区相比,城市地区的相对价格(相对价格)显著上升。

4.In economics, the relative price (相对价格) helps determine the opportunity cost of choosing one product over another.

在经济学中,相对价格(相对价格)有助于确定选择一种产品而非另一种产品的机会成本。

5.The relative price (相对价格) of gasoline compared to electric vehicle charging costs is a crucial factor for many drivers.

汽油与电动车充电成本的相对价格(相对价格)是许多司机的重要考虑因素。

作文

In the world of economics, understanding the concept of relative price is crucial for making informed decisions. The term relative price refers to the price of one good or service in comparison to another. It helps consumers and producers make choices based on the opportunity costs associated with their purchases and production. For instance, if the relative price of apples increases compared to oranges, consumers might choose to buy more oranges instead of apples. This shift in purchasing behavior illustrates how relative prices can influence market dynamics.Moreover, relative prices play a significant role in resource allocation. When the relative price of a particular resource rises, it signals producers to allocate more resources towards its production. For example, if the relative price of renewable energy sources increases due to rising demand, firms may invest more in solar and wind technologies. This adjustment not only reflects consumer preferences but also encourages innovation and sustainability in the marketplace.Understanding relative prices is also essential for comprehending inflation and deflation. During periods of inflation, the relative price of goods can fluctuate significantly, leading to changes in consumer behavior. If the relative price of essential goods, such as food and housing, rises faster than that of luxury items, consumers may prioritize their spending on necessities, thereby affecting overall economic growth. Conversely, during deflation, the relative price of goods may decrease, prompting consumers to delay purchases in anticipation of further price drops.Another important aspect of relative prices is their impact on international trade. Countries often specialize in the production of goods where they have a comparative advantage, which is determined by relative prices. For instance, if a country can produce wheat at a lower relative price than another country, it will export wheat and import goods that are more expensive for it to produce. This exchange benefits both countries by allowing them to consume a greater variety of goods at lower prices.In conclusion, the concept of relative price is fundamental to understanding economic behavior. It influences consumer choices, resource allocation, inflationary trends, and international trade dynamics. By grasping the significance of relative prices, individuals and businesses can make better-informed decisions that align with their economic goals. As we navigate an increasingly complex global economy, the importance of relative prices will only continue to grow, underscoring the need for a deeper understanding of this critical economic principle.

在经济学的世界中,理解相对价格的概念对于做出明智的决策至关重要。术语相对价格是指一种商品或服务与另一种商品或服务的价格比较。它帮助消费者和生产者根据与其购买和生产相关的机会成本做出选择。例如,如果苹果的相对价格相对于橙子上涨,消费者可能会选择购买更多的橙子而不是苹果。这种购买行为的转变说明了相对价格如何影响市场动态。此外,相对价格在资源配置中也发挥着重要作用。当某一资源的相对价格上升时,它向生产者发出信号,要求他们将更多资源分配到该资源的生产中。例如,如果由于需求上升,新能源的相对价格上升,企业可能会更多地投资于太阳能和风能技术。这种调整不仅反映了消费者的偏好,还鼓励市场中的创新和可持续性。理解相对价格对于理解通货膨胀和通货紧缩也至关重要。在通货膨胀期间,商品的相对价格可能会显著波动,从而导致消费者行为的变化。如果基本商品(如食品和住房)的相对价格上涨速度快于奢侈品,消费者可能会优先考虑必要品的支出,从而影响整体经济增长。相反,在通货紧缩期间,商品的相对价格可能会下降,促使消费者推迟购买,以期待进一步的价格下跌。相对价格的另一个重要方面是其对国际贸易的影响。各国通常专注于生产其具有比较优势的商品,而这一优势由相对价格决定。例如,如果一个国家能够以较低的相对价格生产小麦,它将出口小麦并进口对其生产成本较高的商品。这种交换使两个国家都受益,因为它们能够以较低的价格消费更多种类的商品。总之,相对价格的概念是理解经济行为的基础。它影响消费者的选择、资源的配置、通货膨胀趋势和国际贸易动态。通过掌握相对价格的重要性,个人和企业可以做出更明智的决策,以符合其经济目标。随着我们在日益复杂的全球经济中航行,相对价格的重要性只会继续增长,这突显了对这一关键经济原则更深入理解的必要性。

相关单词

relative

relative详解:怎么读、什么意思、用法