equi-marginal utility

简明释义

边际效用均等

英英释义

Equi-marginal utility refers to the principle that consumers will allocate their resources in such a way that the last unit of currency spent on each good or service provides the same level of additional satisfaction or utility.

边际效用相等原则指的是消费者将资源分配到各个商品或服务上,使得每一单位货币在每种商品或服务上的支出所带来的额外满足感或效用保持相同的水平。

例句

1.To maximize satisfaction, a rational consumer will balance their spending according to equi-marginal utility 边际效用均等 principles.

为了最大化满足感,理性的消费者将根据equi-marginal utility 边际效用均等 原则来平衡他们的支出。

2.The concept of equi-marginal utility 边际效用均等 helps consumers allocate their budget effectively.

equi-marginal utility 边际效用均等 的概念帮助消费者有效地分配他们的预算。

3.In making consumption choices, individuals aim to achieve equi-marginal utility 边际效用均等 across different goods.

在做消费选择时,个人旨在实现不同商品之间的equi-marginal utility 边际效用均等

4.When faced with multiple options, individuals often seek to achieve equi-marginal utility 边际效用均等 to ensure optimal satisfaction.

当面临多个选择时,个人通常寻求实现equi-marginal utility 边际效用均等 以确保最佳满意度。

5.Understanding equi-marginal utility 边际效用均等 can help businesses tailor their products to meet consumer needs more effectively.

理解equi-marginal utility 边际效用均等 可以帮助企业更有效地调整其产品以满足消费者需求。

作文

The concept of equi-marginal utility refers to the principle that consumers will allocate their resources in such a way that the last unit of currency spent on each good or service provides the same level of satisfaction or utility. This idea is fundamental in understanding consumer behavior and the decision-making process when it comes to maximizing satisfaction from limited resources. To illustrate this, let’s consider an example: Imagine a person has a budget of $100 to spend on two goods: books and movies. If the person derives more satisfaction from spending the last dollar on books rather than movies, they will continue to purchase books until the marginal utility gained from the last book equals the marginal utility gained from the last movie. Thus, the individual will reach a point where the equi-marginal utility is achieved, meaning the utility derived from the last dollar spent on both goods is equal. This principle can be visualized through a graph where the x-axis represents the quantity of books consumed and the y-axis represents the quantity of movies consumed. The consumer's budget line would show all the possible combinations of books and movies they could purchase. The consumer will adjust their consumption of these goods until they reach the optimal point where the slope of the indifference curve (which represents combinations of goods that provide the same level of satisfaction) is tangent to the budget line. At this tangential point, the equi-marginal utility condition is satisfied. Understanding equi-marginal utility is crucial for businesses as well. Companies often analyze consumer preferences and purchasing patterns to determine how to price their products effectively. By recognizing that consumers strive for maximum satisfaction, businesses can create marketing strategies that highlight the benefits of their products, encouraging consumers to allocate their budgets in favor of their offerings. For instance, if a company knows that its product offers higher marginal utility compared to competitors, it can justify a higher price point, knowing that consumers will be willing to pay for the increased satisfaction. Moreover, the equi-marginal utility theory also plays a significant role in public policy and welfare economics. Policymakers utilize this concept when designing tax systems and social welfare programs. By understanding how individuals allocate their resources, governments can implement policies that aim to enhance overall societal welfare. For example, a progressive tax system may be designed to ensure that those with higher incomes contribute a larger share of their income, thereby redistributing wealth in a manner that increases the overall utility of society. In conclusion, the principle of equi-marginal utility is essential for comprehending how consumers make choices about resource allocation. It emphasizes the importance of achieving balance in consumption to maximize satisfaction. Whether in personal budgeting, business strategy, or public policy, the understanding of equi-marginal utility helps explain the behaviors and decisions of individuals and organizations alike. As we navigate our daily lives, recognizing this principle can lead to more informed choices and a deeper appreciation of the economic forces at play in our decision-making processes.

“边际效用均等”这一概念是指消费者将资源分配到各个商品或服务上,使得每一单位货币在每种商品或服务上所带来的满足感或效用相同。这一理念是理解消费者行为和决策过程的基础,尤其是在有限资源下如何最大化满足感。为了说明这一点,我们可以考虑一个例子:假设一个人有100美元的预算用于购买两种商品:书籍和电影。如果这个人在花最后一美元买书时获得的满足感高于购买电影时的满足感,他们会继续购买书籍,直到最后一本书所获得的边际效用等于最后一部电影所获得的边际效用。因此,这个人将达到一个点,在这个点上实现了边际效用均等,即在这两种商品上花费的最后一美元所获得的效用相等。这一原则可以通过图形进行可视化,其中x轴表示消费的书籍数量,y轴表示消费的电影数量。消费者的预算线显示了他们可以购买的书籍和电影的所有可能组合。消费者将调整这些商品的消费,直到他们达到最佳点,在这个点上无差异曲线的斜率(代表提供相同水平满足感的商品组合)与预算线相切。在这个切点上,满足了边际效用均等的条件。理解边际效用均等对于企业来说也是至关重要的。公司通常会分析消费者偏好和购买模式,以确定如何有效定价他们的产品。通过认识到消费者追求最大满足感,企业可以制定突出其产品优势的营销策略,鼓励消费者将预算分配给他们的产品。例如,如果一家公司知道其产品提供的边际效用高于竞争对手,它可以合理化更高的价格,因为消费者愿意为增加的满足感付出更多。此外,边际效用均等理论在公共政策和福利经济学中也发挥着重要作用。政策制定者在设计税制和社会福利项目时利用这一概念。通过理解个人如何分配资源,政府可以实施旨在提高整体社会福利的政策。例如,渐进税制可能被设计为确保高收入者贡献更大比例的收入,从而以增加社会整体效用的方式重新分配财富。总之,边际效用均等原则对于理解消费者如何做出资源配置选择至关重要。它强调在消费中实现平衡以最大化满足感的重要性。无论是在个人预算、商业策略还是公共政策中,理解边际效用均等都有助于解释个人和组织的行为和决策。当我们在日常生活中导航时,认识到这一原则可以导致更明智的选择,并更深入地理解经济力量在我们决策过程中的作用。