law of increasing cost

简明释义

成本递增法则

英英释义

The law of increasing cost states that as production of a good or service increases, the opportunity cost of producing additional units also rises due to the reallocation of resources from other uses.

增加成本法则指出,当某种商品或服务的生产增加时,生产额外单位的机会成本也会因资源从其他用途重新分配而上升。

例句

1.Understanding the law of increasing cost helps companies to optimize their production processes.

理解递增成本法则有助于公司优化其生产流程。

2.The law of increasing cost states that as production increases, the opportunity cost of producing additional units also rises.

生产增加时,递增成本法则表明,生产额外单位的机会成本也会增加。

3.In agriculture, the law of increasing cost can be observed when farmers decide to expand their fields beyond the most fertile land.

在农业中,当农民决定扩大他们的耕地超出最肥沃的土地时,可以观察到递增成本法则

4.As a factory increases its output, it may face the law of increasing cost due to the need for more expensive machinery.

当一家工厂增加产量时,由于需要更昂贵的机器,它可能面临递增成本法则

5.The law of increasing cost is crucial for businesses when deciding how much to produce.

在决定生产多少时,递增成本法则对企业至关重要。

作文

The concept of the law of increasing cost refers to the economic principle that as production of a good or service increases, the opportunity cost of producing an additional unit also rises. This principle is crucial for understanding how resources are allocated in an economy and the implications of production decisions. In simpler terms, it means that as more resources are devoted to producing a particular good, the cost of producing each additional unit becomes higher. This can be attributed to several factors, including the fact that not all resources are equally efficient in producing every good. For instance, consider a farmer who grows both corn and wheat. Initially, if the farmer decides to allocate more land and labor to growing corn, the increase in corn production may be relatively inexpensive. However, as the farmer continues to divert resources from wheat to corn, he will start to use less productive land or hire less skilled labor for corn production. Consequently, the yield from corn may start to diminish, and the costs associated with producing corn will increase. This illustrates the law of increasing cost in action, where the trade-off between producing corn and wheat leads to higher costs as production scales up.Understanding the law of increasing cost is essential for businesses and policymakers alike. For businesses, recognizing that increasing production can lead to higher costs helps in making informed decisions about scaling operations. It can prevent them from overextending their resources, which could lead to inefficiencies and reduced profitability. Furthermore, companies can strategize by determining the optimal level of production that balances cost and revenue, ensuring sustainability in their operations.From a policymaking perspective, the law of increasing cost has implications for resource allocation at a national level. Governments must consider this principle when designing policies related to agriculture, manufacturing, and services. For example, subsidies aimed at increasing production in certain sectors must take into account the rising costs associated with such increases. Failing to do so could result in wasted resources and unintended consequences that affect the overall economy.Moreover, the law of increasing cost is closely linked to the concept of diminishing returns, which states that as more units of a variable input are added to fixed inputs, the additional output produced will eventually decrease. This relationship underlines the importance of efficiency in production processes and the need for innovation to offset rising costs. Companies that invest in technology and better practices can mitigate the effects of the law of increasing cost, allowing them to maintain competitive pricing while increasing output.In conclusion, the law of increasing cost is a fundamental concept in economics that highlights the challenges of resource allocation and production scaling. By recognizing that increasing production comes with rising costs, businesses can make more strategic decisions, and policymakers can create more effective regulations. Ultimately, understanding this principle is vital for achieving economic efficiency and sustainability in an increasingly competitive world.

“成本递增法则”这一概念指的是经济原则,即随着某种商品或服务的生产增加,生产额外单位的机会成本也会增加。这一原则对于理解资源在经济中的分配以及生产决策的影响至关重要。简单来说,这意味着随着更多资源被用于生产特定商品,生产每个额外单位的成本会变得更高。这可以归因于几个因素,包括并非所有资源在生产每种商品时都是同样高效的。例如,考虑一位种植玉米和小麦的农民。最初,如果这位农民决定将更多的土地和劳动力分配给种植玉米,玉米产量的增加可能相对便宜。然而,随着农民继续将资源从小麦转向玉米,他将开始使用生产效率较低的土地或雇佣技术水平较低的劳动力来生产玉米。因此,玉米的产量可能开始下降,与生产玉米相关的成本也会上升。这就是“成本递增法则”在实际中的体现,生产玉米和小麦之间的权衡导致了随着生产规模的扩大而上涨的成本。理解“成本递增法则”对企业和政策制定者都至关重要。对于企业而言,认识到增加生产可能导致更高的成本,有助于做出明智的扩展决策。这可以防止他们过度扩张资源,从而导致效率低下和盈利能力下降。此外,公司可以通过确定平衡成本和收益的最佳生产水平来制定战略,从而确保其运营的可持续性。从政策制定的角度来看,“成本递增法则”对国家层面的资源分配有着重要影响。政府在设计与农业、制造业和服务业相关的政策时,必须考虑这一原则。例如,旨在增加某些行业生产的补贴必须考虑到与此类增加相关的上升成本。如果不这样做,可能会导致资源浪费和影响整体经济的意外后果。此外,“成本递增法则”与边际收益递减的概念密切相关,后者指出,随着更多单位的可变投入被添加到固定投入中,所产生的额外产出最终会减少。这一关系突显了生产过程效率的重要性,以及通过创新来抵消上升成本的必要性。那些投资于技术和更好实践的公司,可以减轻“成本递增法则”的影响,使他们能够在增加产出的同时保持竞争定价。总之,“成本递增法则”是经济学中的一个基本概念,突显了资源分配和生产扩展的挑战。通过认识到增加生产伴随上升成本,企业可以做出更具战略性的决策,而政策制定者则可以制定更有效的法规。最终,理解这一原则对于在日益竞争的世界中实现经济效率和可持续性至关重要。

相关单词

increasing

increasing详解:怎么读、什么意思、用法