price elasticity of supply
简明释义
供给价格弹性
英英释义
Price elasticity of supply refers to the responsiveness of the quantity supplied of a good or service to a change in its price. | 供给的价格弹性是指某种商品或服务的供给量对其价格变化的反应程度。 |
例句
1.Understanding the price elasticity of supply helps businesses forecast how much they can produce at different price levels.
了解供给的价格弹性 有助于企业预测在不同价格水平下可以生产多少。
2.The price elasticity of supply measures how much the quantity supplied of a good responds to a change in price.
供给的价格弹性 衡量了商品的供给量对价格变化的反应程度。
3.When farmers know the price elasticity of supply for their crops, they can make better decisions about planting.
当农民了解他们作物的供给的价格弹性时,他们可以更好地做出种植决策。
4.In industries with a low price elasticity of supply, such as oil, it takes time to adjust production levels.
在供给的价格弹性较低的行业,如石油,调整生产水平需要时间。
5.A high price elasticity of supply indicates that producers can increase production quickly when prices rise.
高供给的价格弹性 表明生产者在价格上涨时可以迅速增加产量。
作文
Understanding the concept of price elasticity of supply is crucial for both economists and business owners. In simple terms, price elasticity of supply refers to how much the quantity supplied of a good changes in response to a change in its price. This concept helps us understand the responsiveness of producers to price changes in the market, which can significantly influence their production decisions.To delve deeper into this concept, we need to consider the factors that affect price elasticity of supply. One of the primary factors is the time frame under consideration. In the short term, producers may find it difficult to adjust their production levels due to fixed resources or contracts. For instance, if the price of oil suddenly rises, oil companies cannot immediately increase output because of the time it takes to drill new wells or refine more oil. Therefore, the price elasticity of supply in the short run is often inelastic, meaning that quantity supplied does not change significantly with price changes.However, over the long term, producers have more flexibility. They can invest in new technologies, expand their facilities, or enter new markets. This ability to adapt leads to a higher price elasticity of supply. For example, if the price of electric cars increases, manufacturers can ramp up production by investing in new factories and hiring more workers, thereby increasing the quantity supplied significantly.Another important factor influencing price elasticity of supply is the availability of raw materials. If a product requires specialized inputs that are not readily available, the supply will be less elastic. Conversely, if the inputs are easily accessible, the supply is likely to be more elastic. For instance, agricultural products can often be produced quickly if the weather conditions are favorable, leading to a more elastic supply compared to products that require complex manufacturing processes with limited raw materials.Additionally, the nature of the product itself plays a role in determining the price elasticity of supply. Goods that can be stored without significant loss of value tend to have a more elastic supply. For example, grains can be harvested and stored for future sale, allowing farmers to respond to price changes over time. In contrast, perishable goods like fruits and vegetables have a more inelastic supply since they cannot be stored for long periods without spoiling.Understanding price elasticity of supply is essential for policymakers as well. When governments impose taxes or subsidies, they need to consider how these changes will affect production levels. If the supply is highly elastic, a small tax increase could lead to a significant decrease in quantity supplied, potentially leading to shortages in the market. Conversely, if supply is inelastic, producers may absorb the costs without significantly reducing output.In conclusion, the concept of price elasticity of supply provides valuable insights into how producers react to price changes in the market. By understanding the factors that influence this elasticity, such as time frames, availability of resources, and the nature of the product, economists and business owners can make informed decisions. Ultimately, this understanding can lead to better strategies for production and pricing, benefiting both producers and consumers in the marketplace.
理解供给的价格弹性概念对经济学家和企业主来说至关重要。简单来说,供给的价格弹性是指在商品价格变化时,供应量的变化程度。这个概念帮助我们理解生产者对市场价格变化的反应,这可以显著影响他们的生产决策。要更深入地理解这一概念,我们需要考虑影响供给的价格弹性的因素。其中一个主要因素是考虑的时间框架。在短期内,由于固定资源或合同,生产者可能很难调整生产水平。例如,如果石油价格突然上涨,石油公司无法立即增加产量,因为钻新井或精炼更多石油需要时间。因此,短期内的供给的价格弹性往往是缺乏弹性的,这意味着数量供应不会随着价格变化而显著改变。然而,在长期内,生产者有更多的灵活性。他们可以投资新技术、扩展设施或进入新市场。这种适应能力导致了更高的供给的价格弹性。例如,如果电动汽车的价格上涨,制造商可以通过投资新工厂和招聘更多工人来加快生产,从而显著增加供应量。影响供给的价格弹性的另一个重要因素是原材料的可用性。如果一种产品需要不易获得的专用输入,那么供应将较不具弹性。相反,如果输入容易获得,则供应可能更具弹性。例如,农业产品如果天气条件良好,可以迅速生产,从而导致更具弹性的供应,而相比之下,需要复杂制造过程且原材料有限的产品则供应较为无弹性。此外,产品本身的性质也在决定供给的价格弹性中起着作用。可以在不显著贬值的情况下储存的商品通常具有更具弹性的供应。例如,谷物可以收获并储存以备未来销售,使农民能够随时间响应价格变化。相反,水果和蔬菜等易腐烂的商品由于无法长时间储存而供应较为无弹性。理解供给的价格弹性对政策制定者也至关重要。当政府征收税收或补贴时,他们需要考虑这些变化将如何影响生产水平。如果供应高度弹性,小幅度的税收增加可能会导致数量供应显著减少,从而可能导致市场短缺。相反,如果供应缺乏弹性,生产者可能会吸收成本,而不会显著减少产出。总之,供给的价格弹性概念提供了关于生产者如何对市场价格变化做出反应的宝贵见解。通过理解影响这种弹性的因素,如时间框架、资源的可用性和产品的性质,经济学家和企业主可以做出明智的决策。最终,这种理解可以导致更好的生产和定价策略,使生产者和消费者在市场中受益。