price elasticity of supply

简明释义

供给价格弹性

英英释义

例句

1.During a natural disaster, the price elasticity of supply 供给的价格弹性 for essential goods may decrease significantly.

在自然灾害期间，必需品的供给的价格弹性 价格弹性 可能会显著下降。

2.The price elasticity of supply 供给的价格弹性 for agricultural products tends to be low because farmers cannot quickly increase production.

农业产品的价格弹性 供给的价格弹性 通常较低，因为农民无法迅速增加生产。

3.In the tech industry, the price elasticity of supply 供给的价格弹性 is often high due to rapid innovation and production adjustments.

在科技行业，由于快速的创新和生产调整，供给的价格弹性 价格弹性 通常较高。

4.Understanding the price elasticity of supply 供给的价格弹性 helps businesses forecast how changes in price will affect their output.

理解供给的价格弹性 价格弹性 有助于企业预测价格变化将如何影响其产量。

5.When the price elasticity of supply 供给的价格弹性 is high, producers can easily respond to price changes.

当供给的价格弹性 价格弹性 较高时，生产者可以轻松响应价格变化。

作文

Understanding the concept of price elasticity of supply is crucial for both economists and business owners. The price elasticity of supply refers to how the quantity supplied of a good or service changes in response to a change in its price. A product with high price elasticity of supply will see a significant increase in quantity supplied when prices rise, while a product with low price elasticity of supply will show little change in quantity supplied despite price fluctuations.For instance, consider the market for handmade crafts. If the price of these crafts increases due to heightened demand, artisans may quickly ramp up production to take advantage of the higher prices. This scenario illustrates a high price elasticity of supply, as suppliers can adjust their output relatively easily.On the other hand, think about agricultural products such as wheat or corn. Farmers cannot instantly increase their crop yields if prices rise because growing crops takes time and requires favorable weather conditions. Thus, the supply of these products is often inelastic in the short term, demonstrating low price elasticity of supply.The price elasticity of supply is influenced by several factors, including the time frame under consideration, the availability of resources, and the nature of the product itself. In the short run, many producers face constraints that limit their ability to respond to price changes, resulting in lower price elasticity of supply. However, over the long run, businesses can adjust their production processes, invest in new technologies, or enter or exit markets, leading to higher price elasticity of supply.Another critical aspect of price elasticity of supply is its impact on market equilibrium. When demand for a product increases, the price typically rises. If the supply is elastic, producers can quickly respond to this price increase, restoring equilibrium in the market. Conversely, if the supply is inelastic, the increased demand can lead to sustained higher prices, potentially resulting in shortages and market inefficiencies.In conclusion, understanding price elasticity of supply is essential for making informed decisions in both policy-making and business strategy. It allows stakeholders to anticipate how changes in market conditions will affect supply levels and pricing strategies. By analyzing the price elasticity of supply of various products, businesses can better position themselves to meet consumer demand while maximizing their profits. Ultimately, the concept of price elasticity of supply not only helps in understanding market dynamics but also plays a pivotal role in shaping economic policies that promote stability and growth.

理解供给的价格弹性这一概念对经济学家和企业主都至关重要。供给的价格弹性是指商品或服务的供应量如何随着价格变化而变化。具有高供给的价格弹性的产品在价格上涨时会看到供应量显著增加，而具有低供给的价格弹性的产品在价格波动时则显示出供应量变化不大。例如，考虑手工艺品的市场。如果由于需求增加，这些手工艺品的价格上涨，工匠们可能会迅速增加生产，以利用更高的价格。这一场景说明了高供给的价格弹性，因为供应商可以相对容易地调整他们的产出。另一方面，想想小麦或玉米等农产品。如果价格上涨，农民不能立即增加作物产量，因为种植作物需要时间并且需要良好的天气条件。因此，这些产品的供应在短期内往往是无弹性的，表现出低供给的价格弹性。供给的价格弹性受多个因素的影响，包括考虑的时间框架、资源的可用性以及产品本身的性质。在短期内，许多生产者面临限制，限制了他们对价格变化的响应能力，从而导致较低的供给的价格弹性。然而，从长远来看，企业可以调整生产过程、投资新技术或进入或退出市场，从而导致更高的供给的价格弹性。供给的价格弹性的另一个关键方面是其对市场均衡的影响。当某种产品的需求增加时，价格通常会上涨。如果供应是弹性的，生产者可以迅速响应这一价格上涨，从而恢复市场均衡。相反，如果供应是无弹性的，需求的增加可能导致价格持续走高，可能导致短缺和市场低效。总之，理解供给的价格弹性对于在政策制定和商业战略中做出明智决策至关重要。它使利益相关者能够预测市场条件变化将如何影响供应水平和定价策略。通过分析各种产品的供给的价格弹性，企业可以更好地定位自己，以满足消费者需求，同时最大化利润。最终，供给的价格弹性的概念不仅有助于理解市场动态，而且在塑造促进稳定和增长的经济政策中发挥着关键作用。