price elasticity

简明释义

价格弹性

英英释义

例句

1.If a company knows the price elasticity of its products, it can forecast how changes in pricing will affect sales.

如果公司了解其产品的价格弹性，就可以预测价格变化将如何影响销售。

2.A product with high price elasticity will see a significant drop in demand if its price increases.

价格弹性高的产品，如果价格上涨，需求会显著下降。

3.Luxury goods often have a higher price elasticity compared to essential items.

奢侈品通常比必需品具有更高的价格弹性。

4.Understanding price elasticity can help businesses set optimal pricing strategies.

理解价格弹性可以帮助企业制定最佳定价策略。

5.The concept of price elasticity refers to how sensitive the demand for a product is to changes in its price.

价格弹性的概念是指产品的需求对价格变化的敏感程度。

作文

Price elasticity is a fundamental concept in economics that measures how the quantity demanded or supplied of a good changes in response to a change in its price. Specifically, it refers to the responsiveness of consumers and producers to price changes. Understanding price elasticity (价格弹性) is crucial for businesses and policymakers as it helps them make informed decisions regarding pricing strategies and economic policies.To comprehend price elasticity (价格弹性), we first need to differentiate between two main types: price elasticity of demand and price elasticity of supply. Price elasticity of demand measures how much the quantity demanded of a good changes when its price changes. If the demand for a product is elastic, a small price decrease will lead to a significant increase in the quantity demanded. Conversely, if the demand is inelastic, price changes will have little effect on the quantity demanded.For example, consider a luxury item like designer handbags. If the price of these handbags decreases by 20%, consumers may respond by purchasing significantly more due to the perceived value and status associated with the product. This scenario illustrates elastic demand, where the price elasticity (价格弹性) is greater than one. On the other hand, essential goods such as bread or milk tend to have inelastic demand. Even if the prices rise, consumers will still purchase these items because they are necessities. In this case, the price elasticity (价格弹性) is less than one.On the supply side, price elasticity (价格弹性) of supply indicates how much the quantity supplied of a good changes in response to a price change. If producers can easily increase production when prices rise, the supply is considered elastic. For instance, if a farmer can quickly grow more apples when apple prices increase, the supply of apples is elastic. However, in industries where production cannot be easily scaled, such as oil extraction, the supply tends to be inelastic.Understanding the implications of price elasticity (价格弹性) is vital for setting prices strategically. Businesses often analyze the price elasticity (价格弹性) of their products to determine optimal pricing. For instance, if a company finds that its product has elastic demand, it may decide to lower prices to increase sales volume. Conversely, if the demand is inelastic, the company might raise prices to enhance revenue without losing many customers.Moreover, policymakers also utilize the concept of price elasticity (价格弹性) when designing tax policies or subsidies. For example, if a government wishes to reduce the consumption of a harmful product like tobacco, understanding the price elasticity (价格弹性) of demand for cigarettes will help them set effective tax rates. If the demand is elastic, a higher tax will significantly decrease consumption, whereas inelastic demand may not yield the same results.In conclusion, price elasticity (价格弹性) is an essential tool in both business strategy and economic policy. It provides insights into consumer behavior and market dynamics, allowing businesses and governments to make informed decisions. By analyzing the price elasticity (价格弹性) of their products or services, stakeholders can better understand how price changes affect supply and demand, ultimately leading to more effective pricing strategies and economic policies.

价格弹性是经济学中的一个基本概念，用于衡量某种商品的需求或供应量在价格变化时的变化程度。具体而言，它指的是消费者和生产者对价格变化的反应程度。理解价格弹性（price elasticity）对于企业和政策制定者至关重要，因为它帮助他们就定价策略和经济政策做出明智的决策。要理解价格弹性（price elasticity），我们首先需要区分两种主要类型：需求的价格弹性和供应的价格弹性。需求的价格弹性衡量的是当某种商品的价格变化时，其需求量的变化程度。如果一种产品的需求是有弹性的，那么小幅的价格下降将导致需求量显著增加。相反，如果需求是无弹性的，价格变化对需求量的影响就会很小。例如，考虑奢侈品如设计师手袋。如果这些手袋的价格下降20%，消费者可能会因为与该产品相关的感知价值和地位而购买显著更多。这种情况说明了需求的弹性，其中价格弹性（price elasticity）大于1。另一方面，面包或牛奶等必需品的需求往往是无弹性的。即使价格上涨，消费者仍然会购买这些商品，因为它们是必需品。在这种情况下，价格弹性（price elasticity）小于1。在供应方面，供应的价格弹性（price elasticity）表示的是当价格变化时，某种商品的供应量变化的程度。如果生产者能够在价格上涨时轻松增加生产，那么供应被认为是有弹性的。例如，如果农民能够在苹果价格上涨时迅速增加苹果的产量，那么苹果的供应就是有弹性的。然而，在生产无法轻易扩大的行业中，例如石油开采，供应往往是无弹性的。理解价格弹性（price elasticity）的含义对于制定战略性定价至关重要。企业通常会分析其产品的价格弹性（price elasticity）以确定最佳定价。例如，如果一家公司发现其产品的需求是有弹性的，它可能会决定降低价格以增加销售量。相反，如果需求是无弹性的，公司可能会提高价格，以在不失去许多客户的情况下增加收入。此外，政策制定者在设计税收政策或补贴时也利用价格弹性（price elasticity）的概念。例如，如果政府希望减少对有害产品如烟草的消费，了解香烟的需求的价格弹性（price elasticity）将帮助他们设定有效的税率。如果需求是有弹性的，更高的税收将显著减少消费，而无弹性需求可能不会产生同样的效果。总之，价格弹性（price elasticity）是商业策略和经济政策中的一个重要工具。它为消费者行为和市场动态提供了见解，使企业和政府能够做出明智的决策。通过分析其产品或服务的价格弹性（price elasticity），利益相关者可以更好地理解价格变化如何影响供需，从而最终导致更有效的定价策略和经济政策。