economic cost

简明释义

经济成本

英英释义

例句

1.The company decided to analyze the economic cost 经济成本 of outsourcing its production.

公司决定分析外包生产的经济成本。

2.When making policy decisions, governments must weigh the economic cost 经济成本 of regulations.

在制定政策决策时，政府必须权衡法规的经济成本。

3.Investors often look at the economic cost 经济成本 of capital when assessing a company's financial health.

投资者在评估公司的财务健康时，经常关注资本的经济成本。

4.The economic cost 经济成本 of pollution can be significant for local communities.

污染的经济成本对当地社区可能是显著的。

5.In evaluating a new project, it's essential to consider the economic cost 经济成本 alongside potential benefits.

在评估一个新项目时，考虑经济成本和潜在收益是至关重要的。

作文

In today's world, the concept of economic cost is crucial for understanding how resources are allocated and decisions are made. The term economic cost refers to the total cost of choosing one option over another, including both explicit costs, such as money spent, and implicit costs, which include the value of the next best alternative that is forgone. This dual nature makes economic cost a vital component in decision-making processes across various sectors, including businesses, governments, and individuals.To illustrate the significance of economic cost, consider a simple scenario involving a student deciding whether to attend college or start working immediately after high school. The explicit costs of attending college include tuition fees, textbooks, and living expenses, while the implicit costs consist of the wages the student could have earned if they had chosen to work instead. Therefore, the economic cost of attending college is not just the amount spent on education but also the income lost during those years of study.Understanding economic cost helps individuals and organizations make informed choices. For instance, a business contemplating a new project must evaluate not only the financial investment required but also the potential profits that could be generated from alternative investments. By analyzing the economic cost, the business can determine whether the project will yield a higher return compared to other opportunities.Moreover, governments also utilize the concept of economic cost when allocating public funds. When deciding on infrastructure projects, policymakers must consider the economic cost associated with each option. For example, investing in a new highway may come with substantial upfront costs, but it could also lead to increased economic activity and reduced travel times, which may offset the initial expense. Conversely, failing to account for the economic cost of not investing in public transport could result in longer commute times and decreased productivity, ultimately harming the economy.Additionally, the economic cost plays a significant role in environmental economics. When assessing the impact of industrial activities on the environment, it is essential to consider the economic cost associated with pollution and resource depletion. Companies may face fines, cleanup costs, and damage to their reputation if they neglect these factors. Therefore, incorporating the economic cost of environmental degradation into their business models can lead to more sustainable practices and long-term profitability.In conclusion, the concept of economic cost is multifaceted and essential for effective decision-making in various contexts. By recognizing both explicit and implicit costs, individuals, businesses, and governments can make better choices that optimize resource allocation and promote overall welfare. As we navigate an increasingly complex economic landscape, a deeper understanding of economic cost will be invaluable in guiding our decisions and shaping our future.

在当今世界，经济成本的概念对理解资源如何分配和决策过程至关重要。经济成本一词指的是选择一个选项而非另一个选项的总成本，包括显性成本，如花费的金钱，以及隐性成本，即放弃的下一个最佳替代品的价值。这种双重性质使得经济成本成为各个行业（包括企业、政府和个人）决策过程中的一个重要组成部分。为了说明经济成本的重要性，可以考虑一个简单的场景：一名学生决定是上大学还是高中毕业后立即工作。上大学的显性成本包括学费、课本和生活费用，而隐性成本则包括如果选择工作而可能获得的工资。因此，上大学的经济成本不仅仅是教育上花费的金额，还包括在学习期间失去的收入。理解经济成本有助于个人和组织做出明智的选择。例如，一家企业在考虑一个新项目时，必须评估所需的财务投资以及与其他投资相比可能产生的利润。通过分析经济成本，企业可以确定该项目是否会带来比其他机会更高的回报。此外，政府在分配公共资金时也会利用经济成本的概念。当决定基础设施项目时，政策制定者必须考虑每个选项相关的经济成本。例如，投资新高速公路可能需要大量前期成本，但也可能导致经济活动增加和旅行时间减少，从而抵消初始开支。相反，如果不考虑不投资公共交通的经济成本，可能会导致通勤时间延长和生产力下降，最终损害经济。此外，经济成本在环境经济学中也发挥着重要作用。在评估工业活动对环境的影响时，考虑与污染和资源枯竭相关的经济成本至关重要。如果公司忽视这些因素，可能面临罚款、清理费用和声誉损害。因此，将环境退化的经济成本纳入其商业模型可以导致更可持续的做法和长期盈利能力。总之，经济成本的概念是多方面的，对于在各种背景下有效决策至关重要。通过认识到显性和隐性成本，个人、企业和政府可以做出更好的选择，以优化资源配置并促进整体福利。随着我们在日益复杂的经济环境中航行，对经济成本的更深入理解将对指导我们的决策和塑造我们的未来具有重要价值。