law of increasing returns

简明释义

报酬递增律

英英释义

The law of increasing returns refers to the principle that as the quantity of a factor of production is increased, while other factors are held constant, the output will increase at an increasing rate.

递增回报法则是指在其他生产要素保持不变的情况下,随着某一生产要素数量的增加,产出将以递增的速度增加。

例句

1.The law of increasing returns 收益递增法则 is often observed in industries where network effects play a significant role.

在网络效应发挥重要作用的行业中,通常可以观察到收益递增法则 收益递增法则

2.A tech company may experience the law of increasing returns 收益递增法则 when it scales its operations and benefits from greater efficiencies.

当一家科技公司扩大其运营并从更高的效率中获益时,它可能会经历收益递增法则 收益递增法则

3.In economics, the law of increasing returns 收益递增法则 suggests that as production increases, the cost per unit decreases.

在经济学中,收益递增法则 收益递增法则 表明随着生产的增加,每单位的成本会降低。

4.The law of increasing returns 收益递增法则 can be seen in software development, where more developers can lead to faster project completion.

在软件开发中,可以看到收益递增法则 收益递增法则,更多的开发人员可以加快项目的完成。

5.Farming can demonstrate the law of increasing returns 收益递增法则 when more land and resources lead to higher crop yields.

当更多的土地和资源导致更高的作物产量时,农业可以展示收益递增法则 收益递增法则

作文

The concept of the law of increasing returns refers to a situation in economics where an increase in the quantity of inputs used in production leads to a more than proportional increase in output. This principle can be observed in various industries and has significant implications for economic growth and efficiency. Understanding the law of increasing returns is crucial for businesses and policymakers alike, as it highlights the benefits of scaling operations and investing in technology.To illustrate the law of increasing returns, consider a manufacturing company that produces widgets. When this company invests in new machinery, it can produce more widgets in less time. Initially, the increase in output may be modest as workers learn to use the new machines. However, as they become more skilled and efficient, the output begins to rise exponentially. This scenario exemplifies the law of increasing returns, where the initial investment yields greater returns over time.Moreover, the law of increasing returns is not limited to manufacturing. It can also be observed in the realm of technology. For instance, software companies often benefit from network effects, where the value of their product increases as more users adopt it. As a result, these companies can scale their operations rapidly, leading to substantial growth and profitability. The ability to leverage the law of increasing returns can give businesses a competitive edge in the market.In the broader context of the economy, the law of increasing returns can drive innovation and productivity. When companies invest in research and development, they often create new products or improve existing ones. This investment can lead to increased efficiency and lower costs, benefiting both the company and consumers. As more firms adopt innovative practices, the overall productivity of the economy rises, illustrating the positive effects of the law of increasing returns on economic growth.However, it is essential to recognize that the law of increasing returns is not without its limitations. In some cases, companies may experience diminishing returns after reaching a certain level of production. This phenomenon occurs when additional inputs lead to smaller increases in output, potentially resulting in inefficiencies. Therefore, while the law of increasing returns provides valuable insights into production and growth, it is crucial for businesses to monitor their operations closely to avoid the pitfalls of overexpansion.In conclusion, the law of increasing returns plays a vital role in understanding the dynamics of production and economic growth. By recognizing the potential for greater output with increased inputs, businesses can make informed decisions about investments and scaling operations. Additionally, policymakers can create environments that foster innovation and efficiency, ultimately benefiting the economy as a whole. As we continue to navigate an ever-changing economic landscape, the principles behind the law of increasing returns will remain relevant in shaping the future of industries worldwide.

“增加回报法则”是指在经济学中,当生产中使用的投入量增加时,产出将以超过比例的方式增加的情况。这一原则可以在各个行业中观察到,并对经济增长和效率具有重要影响。理解增加回报法则对于企业和政策制定者来说至关重要,因为它突出了扩大运营和投资技术的好处。为了说明增加回报法则,我们可以考虑一家生产小部件的制造公司。当这家公司投资于新机器时,它可以在更短的时间内生产更多的小部件。最初,产出的增加可能是适度的,因为工人们学习如何使用新机器。然而,随着他们变得更加熟练和高效,产出开始呈指数级上升。这种情况例证了增加回报法则,即初始投资随着时间的推移产生更大的回报。此外,增加回报法则并不仅限于制造业。在技术领域也可以观察到这一现象。例如,软件公司往往受益于网络效应,即随着更多用户采用其产品,产品的价值增加。因此,这些公司能够迅速扩大运营,从而实现可观的增长和盈利能力。利用增加回报法则的能力可以使企业在市场中获得竞争优势。在经济的更广泛背景下,增加回报法则可以推动创新和生产力。当公司投资于研发时,它们通常会创造新产品或改善现有产品。这种投资可以提高效率并降低成本,从而使公司和消费者受益。随着越来越多的公司采用创新实践,整个经济的生产力上升,展示了增加回报法则对经济增长的积极影响。然而,必须认识到增加回报法则并非没有局限性。在某些情况下,公司在达到一定的生产水平后可能会经历收益递减现象。当额外的投入导致产出增加较小时,这种现象就会发生,可能导致低效。因此,虽然增加回报法则为生产和增长提供了宝贵的见解,但企业密切监控其运营以避免过度扩张的陷阱至关重要。总之,增加回报法则在理解生产和经济增长的动态方面发挥着至关重要的作用。通过认识到随着投入增加而产生更大产出的潜力,企业可以就投资和扩大运营做出明智的决策。此外,政策制定者可以创造促进创新和效率的环境,最终使整个经济受益。随着我们继续应对不断变化的经济格局,增加回报法则背后的原则将在塑造全球各行业的未来中保持相关性。

相关单词

increasing

increasing详解:怎么读、什么意思、用法