law of constant returns

简明释义

报酬不变法则

英英释义

The law of constant returns refers to a principle in economics where increasing the quantity of one input while keeping other inputs constant results in a proportional increase in output, indicating that the production process is efficient and scalable.

恒定收益法则是经济学中的一个原则,指在保持其他生产要素不变的情况下,增加某一要素的数量会导致产出成比例增加,表明生产过程是高效且可扩展的。

例句

1.The law of constant returns 恒定收益法则 implies that doubling the input will double the output in certain industries.

在某些行业中,恒定收益法则 恒定收益法则 意味着双倍的投入将使产出加倍。

2.The law of constant returns 恒定收益法则 is often used to explain why some businesses can scale their operations without diminishing returns.

在解释为什么一些企业可以在不降低收益的情况下扩展其运营时,通常会使用恒定收益法则 恒定收益法则

3.Economists use the law of constant returns 恒定收益法则 to model production processes where inputs are increased proportionately.

经济学家使用恒定收益法则 恒定收益法则 来建模输入成比例增加的生产过程。

4.In agriculture, the law of constant returns 恒定收益法则 suggests that increasing the amount of fertilizer will lead to a proportional increase in crop yield.

在农业中,恒定收益法则 恒定收益法则 表明,增加肥料的使用量将导致作物产量的成比例增加。

5.When analyzing a factory's output, the law of constant returns 恒定收益法则 can help predict how much more product will be made with additional labor.

在分析工厂的产出时,恒定收益法则 恒定收益法则 可以帮助预测增加劳动后将生产多少更多的产品。

作文

The concept of the law of constant returns plays a crucial role in understanding production processes in economics. This law states that if all inputs in a production process are increased by a certain proportion, the output will increase by the same proportion. In other words, doubling the amount of labor and capital will lead to a doubling of the output, assuming that the technology and efficiency remain constant. This principle is vital for businesses and economists as it helps in predicting the outcomes of scaling up production.To illustrate the law of constant returns, consider a simple example of a bakery. If the bakery employs two bakers and produces 100 loaves of bread per day, under the law of constant returns, if the bakery hires two more bakers, the total production should ideally rise to 200 loaves per day, provided that the ovens and other resources are adequate to handle the increased workforce. This scenario assumes that there are no diminishing returns due to overcrowding or inefficiencies arising from the additional bakers.However, it is essential to note that the law of constant returns applies only under specific conditions. In real-world applications, businesses may encounter diminishing returns after a certain point. For instance, if the bakery continues to hire more bakers without expanding its facilities or equipment, the output may not increase proportionately. Eventually, the bakery might face challenges such as limited oven space or insufficient ingredients, leading to decreased productivity per additional worker.Understanding the law of constant returns allows businesses to make informed decisions about scaling their operations. If a company knows that it can double its output by simply increasing its inputs, it can plan its growth strategy accordingly. This knowledge also aids in budgeting and resource allocation, ensuring that the company does not overextend itself without a clear understanding of the expected outcomes.Moreover, the law of constant returns has implications beyond individual businesses. It affects entire industries and economies. When many firms within an industry experience constant returns to scale, it can lead to a stable market environment where prices and supply levels are predictable. This stability can encourage investment and innovation, as businesses feel confident that their efforts to expand will yield proportional rewards.In conclusion, the law of constant returns is a foundational concept in economics that describes how proportional increases in inputs lead to proportional increases in outputs. While it provides a useful framework for understanding production and scaling, it is crucial to recognize the limitations and potential for diminishing returns in practical applications. By grasping this concept, businesses can better strategize their growth and contribute to a more stable economic environment. Recognizing when to apply the law of constant returns and when to anticipate diminishing returns is key to achieving sustainable success in any industry.

“恒定收益法则”这一概念在理解经济学中的生产过程时发挥着至关重要的作用。该法则指出,如果在生产过程中所有投入都按一定比例增加,产出也将按相同比例增加。换句话说,假设技术和效率保持不变,双倍的劳动和资本将导致产出的双倍增加。这一原则对于企业和经济学家来说至关重要,因为它有助于预测扩大生产的结果。为了说明“恒定收益法则”,我们考虑一个简单的例子:一家面包店。如果面包店雇佣了两名面包师,每天生产100条面包,根据“恒定收益法则”,如果面包店再雇佣两名面包师,理想情况下总产量应该增加到每天200条,只要烤箱和其他资源足够应对增加的劳动力。这个情景假设没有由于拥挤或因额外的面包师而产生的效率低下导致的收益递减。然而,需要注意的是,“恒定收益法则”仅适用于特定条件。在现实世界的应用中,企业可能在某个点后遇到递减收益。例如,如果面包店继续雇佣更多的面包师而不扩展设施或设备,产出可能不会成比例地增加。最终,面包店可能面临如有限的烤箱空间或原料不足等挑战,从而导致每增加一个工人的生产力下降。理解“恒定收益法则”使企业能够就扩大运营做出明智的决策。如果公司知道通过简单地增加投入可以将产出翻倍,它可以相应地规划其增长战略。这一知识还有助于预算和资源分配,确保公司在没有明确预期结果的情况下不会过度扩展。此外,“恒定收益法则”不仅影响单个企业,还影响整个行业和经济。当一个行业内的许多公司都经历恒定规模收益时,可能会导致市场环境的稳定,价格和供应水平可预测。这种稳定性可以鼓励投资和创新,因为企业相信他们的扩张努力将带来成比例的回报。总之,“恒定收益法则”是经济学中的一个基础概念,它描述了投入的比例增加如何导致产出的比例增加。尽管它为理解生产和扩展提供了有用的框架,但关键在于意识到实际应用中的局限性和潜在的递减收益。通过掌握这一概念,企业可以更好地制定增长策略,并为更稳定的经济环境做出贡献。认识到何时应用“恒定收益法则”以及何时预期递减收益是实现任何行业可持续成功的关键。