effective elasticity

简明释义

有效弹性

英英释义

Effective elasticity refers to the responsiveness of demand or supply to changes in price, considering all relevant factors that may influence this relationship.

有效弹性是指在考虑所有可能影响这一关系的相关因素时,需求或供应对价格变化的反应程度。

例句

1.In economics, effective elasticity helps predict the demand for a product when its price increases.

在经济学中,有效弹性有助于预测产品价格上涨时的需求。

2.Businesses often analyze the effective elasticity of their products to optimize pricing strategies.

企业通常分析其产品的有效弹性以优化定价策略。

3.The concept of effective elasticity is crucial in understanding how consumers react to price changes.

理解消费者如何对价格变化作出反应,有效弹性的概念至关重要。

4.Understanding effective elasticity can help marketers develop more effective advertising campaigns.

理解有效弹性可以帮助营销人员制定更有效的广告活动。

5.A high effective elasticity indicates that consumers are sensitive to price changes.

有效弹性表明消费者对价格变化很敏感。

作文

In the realm of economics, the concept of effective elasticity plays a pivotal role in understanding how changes in price affect the quantity demanded or supplied of a good or service. Effective elasticity refers to the responsiveness of consumers and producers to changes in economic variables, particularly price. This measure is crucial for businesses and policymakers as it provides insights into consumer behavior and market dynamics.To illustrate the significance of effective elasticity, consider the case of a luxury car manufacturer. If the price of their vehicles increases significantly, the effective elasticity of demand will determine how many fewer cars consumers are willing to buy. If the effective elasticity is high, a small increase in price could lead to a large decrease in quantity demanded. Conversely, if the effective elasticity is low, consumers may still purchase similar quantities despite the price hike.Understanding effective elasticity is not limited to just luxury goods; it extends to essential commodities as well. For instance, in the case of basic necessities such as bread or milk, the effective elasticity of demand tends to be lower. People need these items regardless of price fluctuations, indicating that they are less sensitive to price changes. This characteristic can greatly influence pricing strategies for companies dealing in essential goods.Moreover, the concept of effective elasticity is also critical when considering the supply side of the market. Producers must understand how responsive they can be to changes in demand or input costs. For example, if the cost of raw materials for a product increases, the effective elasticity of supply will determine how much of that product the manufacturer can produce at a higher cost. A high effective elasticity of supply suggests that producers can quickly adjust their output levels in response to price changes, while a low effective elasticity indicates that production cannot be easily altered.Furthermore, the implications of effective elasticity extend to government policy as well. Policymakers often use this concept to predict the outcomes of tax changes or subsidies. For example, if a government increases taxes on cigarettes, understanding the effective elasticity of demand for tobacco products can help them anticipate whether this tax will significantly reduce consumption or merely increase revenue without affecting behavior.In conclusion, effective elasticity is a fundamental concept in economics that encompasses both demand and supply. It serves as a critical tool for businesses, economists, and policymakers alike, helping them make informed decisions based on how responsive consumers and producers are to changes in economic variables. By grasping the nuances of effective elasticity, stakeholders can better navigate the complexities of the market and develop strategies that align with consumer behavior and market conditions. Understanding this concept is essential for anyone looking to succeed in the dynamic world of economics.

在经济学领域,有效弹性的概念在理解价格变化如何影响商品或服务的需求量和供应量方面发挥着关键作用。有效弹性指的是消费者和生产者对经济变量特别是价格变化的反应程度。这一指标对于企业和政策制定者至关重要,因为它提供了对消费者行为和市场动态的洞察。为了说明有效弹性的重要性,可以考虑一家豪华汽车制造商的案例。如果他们的车辆价格显著上涨,那么需求的有效弹性将决定消费者愿意购买多少辆车。如果有效弹性很高,价格的小幅上涨可能会导致需求量的大幅下降。相反,如果有效弹性较低,消费者可能仍会在价格上涨的情况下购买类似数量的汽车。理解有效弹性不仅限于奢侈品,它还扩展到基本商品。例如,在面包或牛奶等基本必需品的情况下,需求的有效弹性往往较低。人们无论价格波动如何都需要这些物品,这表明他们对价格变化的敏感度较低。这一特征可以极大地影响从事基本商品的公司的定价策略。此外,有效弹性的概念在考虑市场的供应方时也至关重要。生产者必须了解他们对需求或投入成本变化的响应能力。例如,如果某种产品的原材料成本增加,供应的有效弹性将决定制造商在更高成本下能够生产多少该产品。高有效弹性的供应表明生产者可以迅速调整其产量以响应价格变化,而低有效弹性则表明生产无法轻易改变。此外,有效弹性的影响还延伸到政府政策。政策制定者通常利用这一概念来预测税收变化或补贴的结果。例如,如果政府对香烟加税,了解烟草产品的需求有效弹性可以帮助他们预见这一税收是否会显著减少消费,或者仅仅是在不影响行为的情况下增加收入。总之,有效弹性是经济学中的一个基本概念,涵盖了需求和供应两个方面。它作为企业、经济学家和政策制定者的关键工具,帮助他们根据消费者和生产者对经济变量变化的反应程度做出明智的决策。通过掌握有效弹性的细微差别,利益相关者可以更好地应对市场的复杂性,并制定与消费者行为和市场条件相一致的策略。理解这一概念对于任何希望在动态经济世界中取得成功的人来说都是至关重要的。