average product of capital
简明释义
资本平均产量
英英释义
The average product of capital refers to the total output produced per unit of capital employed in the production process. | 资本的平均产出是指在生产过程中每单位使用的资本所产生的总产出。 |
例句
1.To maximize profits, businesses often aim to improve their average product of capital.
为了最大化利润,企业通常旨在提高其资本的平均产出。
2.By analyzing the average product of capital, managers can make better investment decisions.
通过分析资本的平均产出,管理者可以做出更好的投资决策。
3.The firm calculated the average product of capital to determine how efficiently it was using its resources.
该公司计算了资本的平均产出以确定其资源使用的效率。
4.The average product of capital can vary significantly between different industries.
不同产业之间的资本的平均产出可能差异显著。
5.An increase in the average product of capital indicates that the firm is producing more output per unit of capital.
资本的平均产出增加表明该公司每单位资本产生的产出更多。
作文
In the realm of economics, understanding various concepts is crucial for analyzing production and efficiency. One such concept is the average product of capital, which plays a significant role in determining how effectively capital is utilized in the production process. The average product of capital refers to the output produced per unit of capital employed in the production process. This metric helps businesses and economists assess the productivity of their investments in capital goods, such as machinery, buildings, and equipment.To comprehend the importance of the average product of capital, we must first recognize the relationship between capital and labor in the production function. Capital, alongside labor, is one of the primary factors of production. While labor represents the human effort involved in the production of goods and services, capital encompasses the tools and machinery that enhance this production. The average product of capital provides insight into how much additional output is generated by each unit of capital, thereby helping firms make informed decisions about their investment strategies.For instance, if a factory employs a certain amount of machinery and produces a specific quantity of goods, calculating the average product of capital allows the management to evaluate whether they are utilizing their capital efficiently. If the average product of capital is high, it indicates that the capital is being used effectively to generate output. Conversely, a low average product of capital might suggest that the firm is either over-invested in capital or not using its existing capital efficiently.Moreover, the average product of capital can vary across different industries and economic contexts. For instance, in technology-driven sectors, the average product of capital may be significantly higher due to the advanced machinery and automation used in production processes. In contrast, traditional industries may exhibit lower average product of capital figures, reflecting the less efficient use of capital resources.Another critical aspect to consider is the diminishing returns associated with capital investment. As more capital is added to a fixed amount of labor, the average product of capital may initially increase, but eventually, it will reach a point where adding more capital results in smaller increases in output. This phenomenon highlights the importance of balancing capital and labor to optimize production.In conclusion, the average product of capital is an essential concept in economics that helps businesses and economists evaluate the efficiency of capital utilization in production. By understanding how much output is generated per unit of capital, firms can make strategic decisions regarding their investments and ultimately enhance productivity. Whether in manufacturing, technology, or any other sector, recognizing the implications of the average product of capital can lead to better resource allocation and improved economic performance.
在经济学领域,理解各种概念对于分析生产和效率至关重要。其中一个重要概念是资本的平均产出,它在确定资本在生产过程中的有效利用方面发挥着重要作用。资本的平均产出指的是每单位资本在生产过程中产生的产出。这一指标帮助企业和经济学家评估其在资本商品(如机械、建筑物和设备)上的投资效率。要理解资本的平均产出的重要性,我们必须首先认识到资本与劳动在生产函数中的关系。资本与劳动是生产的主要要素之一。劳动代表了在生产商品和服务中所涉及的人力,而资本则包括增强这一生产的工具和机械。资本的平均产出提供了对每单位资本所产生的额外产出的洞察,从而帮助公司做出明智的投资决策。例如,如果一家工厂使用一定数量的机械并生产特定数量的商品,计算资本的平均产出可以让管理层评估他们是否有效地利用了资本。如果资本的平均产出很高,这表明资本被有效地用于产生产出。相反,低资本的平均产出可能表明公司在资本上过度投资或未能高效使用现有资本。此外,不同产业和经济背景下的资本的平均产出也可能有所不同。例如,在技术驱动的行业中,由于生产过程中使用了先进的机械和自动化,资本的平均产出可能会显著较高。相比之下,传统行业的资本的平均产出可能表现较低,反映了资本资源的利用效率较低。另一个需要考虑的重要方面是与资本投资相关的收益递减现象。随着更多资本被添加到固定数量的劳动中,资本的平均产出可能最初会增加,但最终会达到一个点,增加更多资本所带来的产出增幅会越来越小。这一现象强调了平衡资本和劳动以优化生产的重要性。总之,资本的平均产出是经济学中一个重要的概念,它帮助企业和经济学家评估资本在生产中的利用效率。通过理解每单位资本所产生的产出,企业可以就其投资做出战略决策,最终提升生产力。无论是在制造业、技术还是任何其他行业,认识到资本的平均产出的影响都可以导致更好的资源配置和改善经济表现。
相关单词