marginal efficiency of capital

简明释义

资本边际效率

英英释义

例句

1.The firm's decision to invest in new machinery was based on the calculated marginal efficiency of capital, which indicates how much additional output can be generated by the investment.

该公司决定投资新机器是基于计算出的资本的边际效率，这表明投资能够产生多少额外的产出。

2.In assessing a project's viability, it is essential to calculate the marginal efficiency of capital to ensure it aligns with financial goals.

在评估项目的可行性时，计算资本的边际效率是至关重要的，以确保其与财务目标一致。

3.When interest rates rise, the marginal efficiency of capital tends to fall, making investments less attractive.

当利率上升时，资本的边际效率往往会下降，从而使投资变得不那么有吸引力。

4.A company will continue to invest as long as the marginal efficiency of capital exceeds the cost of capital.

只要资本的边际效率超过资本成本，公司就会继续投资。

5.Economists argue that an increase in the marginal efficiency of capital can lead to economic growth.

经济学家认为，资本的边际效率的提高可以促进经济增长。

作文

The concept of marginal efficiency of capital refers to the additional return generated from investing in one more unit of capital. This economic principle is crucial for businesses and investors as it helps them make informed decisions about capital allocation. Understanding the marginal efficiency of capital can significantly influence investment strategies and overall economic growth.In simple terms, the marginal efficiency of capital can be defined as the expected rate of return on an investment compared to its cost. For instance, if a company invests in new machinery, the marginal efficiency of capital would assess how much additional profit that machinery would generate relative to its purchase price. If the returns exceed the costs, the investment is considered worthwhile; otherwise, it may lead to losses.One of the key factors affecting the marginal efficiency of capital is the prevailing interest rate. When interest rates are low, borrowing costs decrease, making it easier for businesses to invest in new capital. As a result, the marginal efficiency of capital tends to rise, encouraging more investments. Conversely, high-interest rates can diminish the marginal efficiency of capital, as the cost of financing investments increases, leading to fewer capital expenditures.Moreover, the marginal efficiency of capital also fluctuates based on technological advancements and market conditions. For example, the introduction of innovative technologies can enhance productivity, thus increasing the marginal efficiency of capital. Businesses that fail to adapt to these changes may find their investments yielding lower returns over time. Therefore, staying abreast of technological developments is essential for maximizing the marginal efficiency of capital.Additionally, the economic environment plays a significant role in determining the marginal efficiency of capital. In a booming economy, consumer demand rises, leading to higher profits for businesses. This scenario often results in an increased marginal efficiency of capital since companies are more willing to invest in new projects. On the other hand, during economic downturns, businesses may become more cautious, causing the marginal efficiency of capital to decline as they hesitate to invest in uncertain markets.In conclusion, understanding the marginal efficiency of capital is vital for making sound investment decisions. It enables businesses to evaluate the potential returns on their investments and adjust their strategies accordingly. By considering factors such as interest rates, technological advancements, and overall economic conditions, investors can optimize their capital allocation and ultimately contribute to economic growth. As the business landscape continues to evolve, the importance of the marginal efficiency of capital will remain a fundamental aspect of financial decision-making.

“边际资本效率”这一概念指的是投资每增加一个单位资本所产生的额外回报。这个经济原则对企业和投资者至关重要，因为它帮助他们在资本配置上做出明智的决策。理解“边际资本效率”可以显著影响投资策略和整体经济增长。简单来说，“边际资本效率”可以定义为投资的预期回报与其成本的比较。例如，如果一家公司投资于新机器， “边际资本效率”将评估这台机器相对于其购买价格所能产生的额外利润。如果回报超过成本，则投资被认为是值得的；否则，可能会导致损失。影响“边际资本效率”的关键因素之一是当前的利率。当利率较低时，借款成本下降，使企业更容易投资于新资本。因此，“边际资本效率”往往会上升，鼓励更多的投资。相反，高利率会降低“边际资本效率”，因为融资投资的成本增加，从而导致资本支出的减少。此外，“边际资本效率”还会根据技术进步和市场条件而波动。例如，创新技术的引入可以提高生产力，从而增加“边际资本效率”。未能适应这些变化的企业可能会发现其投资随着时间的推移产生的回报降低。因此，跟上技术发展的步伐对于最大化“边际资本效率”至关重要。此外，经济环境在决定“边际资本效率”方面也发挥着重要作用。在经济繁荣时期，消费者需求上升，导致企业利润增加。这种情况下，企业更愿意投资新项目，通常会导致“边际资本效率”的提高。另一方面，在经济下滑期间，企业可能会变得更加谨慎，导致“边际资本效率”下降，因为他们对不确定的市场犹豫不决。总之，理解“边际资本效率”对于做出合理的投资决策至关重要。它使企业能够评估其投资的潜在回报，并相应地调整其策略。通过考虑利率、技术进步和整体经济状况等因素，投资者可以优化其资本配置，并最终促进经济增长。随着商业环境的不断演变，“边际资本效率”的重要性将继续成为财务决策的基本方面。