long run equilibrium

简明释义

长期均衡

英英释义

例句

1.The concept of long run equilibrium 长期均衡 helps businesses plan their production strategies effectively.

长期均衡 长期均衡的概念帮助企业有效规划其生产策略。

2.When analyzing the labor market, we look for signs of long run equilibrium 长期均衡 in employment rates.

在分析劳动市场时，我们寻找就业率中的长期均衡 长期均衡迹象。

3.The long run equilibrium 长期均衡 price in the housing market adjusts based on supply and demand.

住房市场中的长期均衡 长期均衡价格根据供需关系进行调整。

4.In a perfectly competitive market, firms will reach a long run equilibrium 长期均衡 where no new firms enter or exit the industry.

在一个完全竞争的市场中，企业将达到一个长期均衡 长期均衡，没有新企业进入或退出行业。

5.Economists often study the long run equilibrium 长期均衡 to understand how markets stabilize over time.

经济学家经常研究长期均衡 长期均衡以了解市场如何随时间稳定。

作文

In economics, the concept of long run equilibrium refers to a state where all economic forces are balanced, and there is no incentive for change. In this state, all firms in a market are maximizing their profits, and consumers are satisfied with the prices and quantities of goods available. Understanding long run equilibrium is crucial for both economists and policymakers, as it helps to analyze how markets function over an extended period and how they react to various external factors.The long run equilibrium is achieved when supply equals demand. When firms enter or exit a market, they influence the overall supply. If a market is profitable, new firms will enter, increasing supply and driving down prices until profits are normalized. Conversely, if a market is not profitable, firms will exit, reducing supply and allowing remaining firms to increase prices until they reach profitability again. This process continues until the market reaches a point where the quantity supplied equals the quantity demanded at a stable price.One important aspect of long run equilibrium is that it assumes all factors of production are variable. Unlike the short run, where some resources are fixed, the long run allows firms to adjust all inputs, including labor, capital, and technology. This flexibility enables firms to respond effectively to changes in consumer preferences, resource availability, and technological advancements.Moreover, the long run equilibrium can vary based on market conditions, such as competition levels, consumer behavior, and government policies. For instance, in a perfectly competitive market, firms produce at a level where marginal cost equals marginal revenue, leading to zero economic profit in the long run. However, in monopolistic markets, firms may maintain positive economic profits due to the lack of competition and barriers to entry.Understanding the dynamics of long run equilibrium also sheds light on the importance of innovation and efficiency. Firms that can innovate and improve their production processes may achieve a competitive advantage that allows them to sustain profits even in a competitive market. This highlights the role of research and development in maintaining a firm's position in the market over time.In conclusion, the concept of long run equilibrium is fundamental in economics, as it provides insights into how markets operate over time and the factors that influence their stability. By analyzing the conditions under which long run equilibrium is achieved, economists can better understand market behaviors, anticipate changes, and formulate effective policies to promote economic growth and stability. Ultimately, grasping this concept allows both businesses and governments to make informed decisions that contribute to the overall health of the economy.

在经济学中，长期均衡的概念指的是一种状态，在这种状态下，所有经济力量都处于平衡状态，没有变动的动力。在这一状态下，市场中的所有企业都在最大化其利润，消费者对可用商品的价格和数量感到满意。理解长期均衡对经济学家和政策制定者至关重要，因为它有助于分析市场在较长时间内的运作情况以及它们如何对各种外部因素做出反应。长期均衡的实现是当供给等于需求时。当企业进入或退出市场时，它们会影响整体供给。如果一个市场盈利，新企业将进入，增加供给并降低价格，直到利润正常化。相反，如果一个市场没有盈利，企业将退出，减少供给，使剩余企业能够提高价格，直到他们再次获得盈利。这一过程持续进行，直到市场达到一个稳定价格下供给量等于需求量的点。长期均衡的一个重要方面是它假设所有生产要素都是可变的。与短期不同，短期内某些资源是固定的，长期允许企业调整所有投入，包括劳动力、资本和技术。这种灵活性使企业能够有效应对消费者偏好、资源可用性和技术进步的变化。此外，长期均衡可能会根据市场条件的不同而变化，例如竞争水平、消费者行为和政府政策。例如，在完全竞争市场中，企业在边际成本等于边际收益的水平上生产，导致长期内零经济利润。然而，在垄断市场中，由于缺乏竞争和进入壁垒，企业可能保持正的经济利润。理解长期均衡的动态也揭示了创新和效率的重要性。能够创新和改善生产过程的企业可能会获得竞争优势，使其即使在竞争市场中也能维持利润。这突显了研发在维持企业在市场中地位方面的作用。总之，长期均衡的概念在经济学中是基础性的，因为它提供了对市场随时间运作及其稳定性影响因素的洞察。通过分析实现长期均衡的条件，经济学家可以更好地理解市场行为，预测变化，并制定有效政策以促进经济增长和稳定。最终，掌握这一概念使企业和政府能够做出明智的决策，从而有助于经济的整体健康。